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.
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.
| Blockchain | Details |
|---|---|
| Contract Address | 0xeA2912a8DA1CD48401b10cB283585874d98098F4 |
| Transaction ID | 0xa28fb8f23dc57eea826dde4d81b2043f9c0ef8f4516bc2236f914dc0360bc99e |
| Account | 0xdBdE7c76e403a5923F3dD4F050Dbbf5c2077BB20 |
| Chain | polygon-main |
| NewsRamp Digital Fingerprint | yogaxVyp-2e3475ac4ae11ff46118dd42566cb2e8 |