Curated News
By: NewsRamp Editorial Staff
July 17, 2025
Ucore Rare Metals Secures $18.4M DoD Grant to Challenge China's Rare-Earth Dominance
TLDR
- Ucore Rare Metals secures an $18.4 million grant to challenge China's rare-earth dominance, offering investors a strategic advantage in the critical minerals sector.
- The RapidSX(TM) technology at Louisiana's SMC aims to produce 2,000 tonnes of rare-earth oxides by 2024, expanding to 7,500 tonnes by 2027, with a smaller footprint and faster processing.
- The SMC project not only strengthens U.S. supply chain resilience but also creates 400 jobs in Louisiana, making a significant economic and social impact.
- Ucore's innovative RapidSX(TM) process could redefine global rare-earth production, offering a faster, more efficient alternative to traditional methods.
Impact - Why it Matters
This news is pivotal as it highlights a strategic move by the U.S. to secure its supply of rare-earth elements, crucial for defense technologies and renewable energy solutions. By reducing dependence on China, the U.S. not only safeguards its national security but also fosters economic growth and job creation in Louisiana. For investors, this represents a rare opportunity to be part of a federally and state-backed initiative with significant geopolitical and economic implications.
Summary
The U.S. Department of Defense has awarded Ucore Rare Metals an $18.4 million grant to fast-track its RapidSX(TM) rare-earth separation technology at the Louisiana Strategic Metals Complex (SMC), marking a significant step towards reducing reliance on China's dominance in rare-earth refining. The SMC project, supported by a $15 million incentive from Louisiana, aims to produce 2,000 tonnes of rare-earth oxides annually by late 2024, scaling up to 7,500 tonnes by 2027. This initiative not only challenges China's control over the global rare-earth supply but also enhances U.S. supply chain security and creates hundreds of jobs in Louisiana. The SMC's strategic location near Gulf Coast ports further underscores its importance in strengthening defense supply chains and supporting economic growth.
Ucore Rare Metals is at the forefront of this endeavor, focusing on rare- and critical-metal resources and separation technologies. The company's vision includes disrupting China's grip on the North American rare-earth supply chain through the development of processing facilities in the U.S. and Canada. This project represents a unique convergence of federal, state, and military support for domestic rare-earth production, offering promising opportunities for investors and stakeholders in the mining and mineral extraction industry.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Ucore Rare Metals Secures $18.4M DoD Grant to Challenge China's Rare-Earth Dominance
