Curated News
By: NewsRamp Editorial Staff
August 26, 2025
Critical Metals Corp and Ucore Partner to Challenge China's Rare Earth Dominance
TLDR
- Critical Metals Corp gains a strategic advantage by securing Ucore as its first buyer for rare earth concentrate, reducing reliance on Chinese supply chains.
- Critical Metals Corp will supply up to 10,000 metric tons annually of rare earth concentrate to Ucore's processing facilities in Louisiana and Ontario.
- This partnership strengthens Western rare earth supply chains, supporting national security and sustainable critical mineral production for future technologies.
- The Tanbreez Project in Greenland contains heavy rare earths essential for electrification and next-generation technologies in the Western world.
Impact - Why it Matters
This partnership directly addresses the critical vulnerability in Western supply chains for rare earth elements, which are essential for modern technologies including electric vehicles, wind turbines, defense systems, and consumer electronics. With China currently controlling over 80% of global rare earth production and processing, this collaboration represents a strategic move to establish reliable North American sources for these vital materials. For consumers and industries, this means reduced supply chain risks, greater technological independence, and strengthened national security. The involvement of U.S. Department of Defense support underscores the strategic importance of developing domestic rare earth capabilities, which could lead to more stable pricing and supply for manufacturers while reducing geopolitical dependencies that have previously led to supply disruptions and price volatility.
Summary
Critical Metals Corp (Nasdaq: CRML), a leading critical minerals mining company, has signed a letter of intent for a multi-year offtake agreement with Ucore Rare Metals Inc, a specialist in rare and critical metal resources and separation technologies. Under this strategic partnership, Critical Metals Corp will supply up to 10,000 metric tons annually of rare earth concentrate from its flagship Tanbreez Project in Southern Greenland, representing approximately 10% of the project's initial production. This concentrate will serve as feedstock for Ucore's processing facilities in Alexandria, Louisiana, and Kingston, Ontario, supporting the production of high-purity rare earth oxides essential for various advanced technologies.
The agreement represents a significant step in reducing Western dependence on China's rare earth supply chain, as emphasized by both companies' leadership. Pat Ryan, Chairman and CEO of Ucore, highlighted the importance of Tanbreez's heavy rare earth concentration for their Louisiana facility, which has received support from the U.S. Department of Defense and state government. Tony Sage, CEO of Critical Metals Corp, noted that this offtake provides their first buyer while maintaining flexibility to supply other US-based rare earth facilities, leveraging the immense scale of their world-class Tanbreez deposit, one of the largest rare earth deposits globally with year-round shipping access via deep water fjords.
Both companies are now working toward definitive documentation, subject to due diligence, final commercial terms, and necessary approvals. This partnership aligns with Critical Metals Corp's broader strategy of developing critical minerals essential for defense applications, clean energy transition, and next-generation technologies, supported by assets like the fully permitted Wolfsburg Lithium Project in Austria. The collaboration positions both companies to meet growing rare earth demand while addressing national security concerns and building a robust Western supply chain independent of Chinese dominance.
Source Statement
This curated news summary relied on content disributed by citybiz. Read the original source here, Critical Metals Corp and Ucore Partner to Challenge China's Rare Earth Dominance
