Blockchain Registration Transaction Record

Ucore Accelerates North American Rare-Earth Supply Chain with DoD Backing

Ucore Rare Metals secures $18.4M DoD funding to build North American rare-earth supply chain using RapidSX technology, targeting 2026 production in Louisiana.

This development matters because rare earth elements are essential components in modern technology, including defense systems, electric vehicles, smartphones, and renewable energy infrastructure. Currently, China dominates over 80% of global rare earth production and processing, creating significant supply chain vulnerabilities for Western nations. Ucore's initiative directly addresses national security concerns and economic stability by establishing domestic processing capabilities. For consumers and industries, this means reduced risk of supply disruptions, greater price stability for critical technologies, and enhanced national security through reliable access to materials essential for defense applications and the clean energy transition. The success of such projects could fundamentally reshape global supply chains and reduce geopolitical dependencies.