Curated News
By: NewsRamp Editorial Staff
May 14, 2025
Ucore Rare Metals Nears Commissioning of Rare Earth Element Plant in Kingston
TLDR
- Ucore Rare Metals is nearing the commissioning of its RapidSX Commercial Demonstration Plant, positioning itself as a leader in the REE separation technology market.
- The company plans to construct a Strategic Metals Complex in Louisiana to process rare earth oxides, with long-term expansion in Alaska and Canada.
- Ucore aims to establish a North American REE supply chain independent of China, contributing to global resource diversity and security.
- Partnerships with Kingston Process Metallurgy and Mech-Chem Associates showcase Ucore's commitment to innovative and sustainable rare earth element solutions.
Impact - Why it Matters
This news matters as it highlights Ucore's progress in reducing China's dominance in the REE market, potentially impacting global supply chains and geopolitical dynamics.
Summary
Ucore Rare Metals (TSXV: UCU) (OTCQX: UURAF) is on track to commission its RapidSX(TM) Commercial Demonstration Plant in Kingston, advancing its rare earth element (REE) separation technology. Plans include building a Strategic Metals Complex in Louisiana to process 2,000 tons of rare earth oxides by 2024. With U.S. and Canadian government support, Ucore aims to establish a North American REE supply chain.
Source Statement
This curated news summary relied on this press release disributed by InvestorBrandNetwork (IBN). Read the source press release here, Ucore Rare Metals Nears Commissioning of Rare Earth Element Plant in Kingston
