Blockchain Registration Transaction Record

Ucore Aims to Break China's Grip on Rare-Earth Supply with US Processing Hub

Ucore Rare Metals is building a US rare-earth processing facility to reduce dependence on China, using its RapidSX tech to supply materials for EVs, defense, and clean energy.

Ucore Aims to Break China's Grip on Rare-Earth Supply with US Processing Hub

This news matters because rare-earth elements are fundamental to modern technology, powering everything from smartphones and electric vehicles to critical defense systems like fighter jets and missile guidance systems. Currently, China controls over 80% of the global processing for these materials, creating a severe strategic vulnerability for the United States and its allies. Any disruption in this supply chain—whether through trade restrictions, geopolitical conflict, or market manipulation—could halt production of essential clean energy technologies, compromise national security, and destabilize entire industries. Ucore's effort to establish a North American processing facility directly addresses this dependency, aiming to secure a resilient supply of materials that are as crucial to the 21st-century economy as oil was to the 20th. Success would not only bolster economic and military independence but also support the transition to renewable energy by ensuring domestic access to the magnets needed for wind turbines and EV motors.

BlockchainDetails
Contract Address0xeA2912a8DA1CD48401b10cB283585874d98098F4
Transaction ID0xa28fb8f23dc57eea826dde4d81b2043f9c0ef8f4516bc2236f914dc0360bc99e
Account0xdBdE7c76e403a5923F3dD4F050Dbbf5c2077BB20
Chainpolygon-main
NewsRamp Digital FingerprintyogaxVyp-2e3475ac4ae11ff46118dd42566cb2e8