Blockchain Registration Transaction Record

Ucore Advances U.S. Rare Earth Independence with $18.4M DoD Award

Ucore Rare Metals secures $18.4M DoD award to advance domestic rare earth production, reducing reliance on China with innovative RapidSX technology.

This news is pivotal as it represents a significant advancement in the U.S. efforts to reduce dependence on foreign sources for critical rare earth elements, essential for national defense and the burgeoning clean energy and electric vehicle sectors. Ucore's RapidSX technology and the development of the Louisiana Strategic Metals Complex could herald a new era of domestic rare earth production, ensuring supply chain security and fostering technological innovation in mineral processing.