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China's Rare Earth Export Curbs Spark Price Surge, Validating Ucore's North American Strategy

Ucore Rare Metals comments on soaring rare earth prices post-China export controls, highlighting a 1,109% market cap surge and its plan for a North American supply chain.

This news matters because rare earth elements are fundamental to modern technology, powering everything from electric vehicles and wind turbines to smartphones and advanced military hardware. China's export controls and the resulting extreme price divergence expose a severe strategic vulnerability for Western economies and defense industries that are heavily reliant on these critical materials. Ucore's efforts to establish a North American refining supply chain directly address this national security and economic risk. Success in this endeavor would reduce geopolitical leverage, stabilize supply for key industries, and support the energy transition and technological innovation by securing a domestic source for these indispensable metals.