Blockchain Registration Transaction Record

Ucore Rare Metals Breaks Ground on Pioneering REE Facility in Louisiana

Ucore Rare Metals Inc. launches Louisiana Strategic Metals Complex, pioneering domestic REE supply with RapidSX(TM) tech and $18.4M DoD funding.

This development is crucial as it marks a significant step towards securing a domestic supply of rare earth elements, essential for various high-tech and defense applications. By reducing reliance on foreign sources, the U.S. enhances its strategic autonomy and supports sustainable and environmentally friendly mining technologies. The project's funding by the Department of Defense underscores its national security implications, making it a landmark initiative for the rare earth sector and the broader push towards sustainable resource management.