Curated News
By: NewsRamp Editorial Staff
August 15, 2025
Ucore Secures $18.4M DoD Funding to Boost US Rare Earth Independence
TLDR
- Ucore Rare Metals secures $18.4M from the Department of Defense, enhancing its position in the rare earth metals market and reducing reliance on foreign sources.
- The funding supports Ucore's RapidSX technology, aiming for domestic production of rare earth oxides by 2026, marking a strategic move in mineral extraction.
- Ucore's initiative promises to strengthen national security and create a sustainable, domestic supply chain for critical materials, benefiting future generations.
- Discover how Ucore's $18.4M defense funding is pioneering the rare earth metals industry, setting a new standard for domestic production and technology.
Impact - Why it Matters
This news is crucial as it highlights the United States' efforts to reduce reliance on foreign sources for rare earth elements, which are essential for national security and various high-tech industries. Ucore's advancements could lead to a more secure and self-sufficient supply chain, impacting defense, technology, and green energy sectors.
Summary
Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) has been awarded an additional $18.4 million in funding by the Department of Defense, marking a significant step towards securing the United States' supply of materials vital for national security. This funding underscores the importance of Ucore's RapidSX technology in the rare earth elements (REE) sector, as highlighted in an article available at https://ibn.fm/giZwV. Ucore's CEO, Pat Ryan, expressed gratitude for the support and reiterated the company's commitment to advancing domestic production of rare earth oxides by 2026. Ucore aims to disrupt China's dominance in the North American REE supply chain through strategic developments in Louisiana, Canada, and Alaska, including the Bokan-Dotson Ridge Rare Heavy REE Project in Southeast Alaska. For more details, visit www.Ucore.com.
DefenseWireNews, a platform specializing in defense and aerospace sectors, provides comprehensive coverage on companies like Ucore, offering insights into their contributions to national security and the economy. Discover more at DefenseWireNews.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Ucore Secures $18.4M DoD Funding to Boost US Rare Earth Independence
