Curated News
By: NewsRamp Editorial Staff
December 18, 2025
Ucore Secures C$36.3M for Rare Earth Facility to Counter China's Dominance
TLDR
- Ucore Rare Metals gains a strategic advantage with C$36.3 million in Canadian funding to build a rare earth processing facility, reducing Western dependence on Chinese supply chains.
- The funding includes up to C$26 million from Natural Resources Canada and C$10 million from FedDev Ontario to establish a processing pathway for samarium and gadolinium in Kingston, Ontario.
- This investment strengthens North American supply chains for critical minerals, supporting sustainable technology and defense applications while fostering economic growth in local communities.
- Ucore's facility will process samarium and gadolinium, rare earth elements essential for making permanent magnets used in everything from electric vehicles to defense systems.
Impact - Why it Matters
This development matters because rare earth elements are crucial for modern technologies including electric vehicles, wind turbines, smartphones, and defense systems. Currently, China controls approximately 90% of global rare earth processing, creating significant supply chain vulnerabilities for Western nations. Ucore's Kingston facility represents a strategic move toward North American rare earth independence, reducing geopolitical risks and ensuring stable access to these critical materials. For consumers, this means greater security in the production of clean energy technologies and electronics, while for industries, it provides alternative supply chains less susceptible to international trade tensions. The processing of samarium and gadolinium specifically supports permanent magnet manufacturing essential for electric motors and military applications, making this development foundational for both economic competitiveness and national security.
Summary
Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) has secured a major boost for North American rare earth independence with conditional approval for up to C$36.3 million in Canadian government funding. This substantial investment, featured in a recent article, will support the development of a dedicated rare earth processing facility in Kingston, Ontario, positioning the company at the forefront of efforts to reduce Western dependence on offshore separation and refining. The funding package includes up to C$26 million from Natural Resources Canada through its Critical Minerals Infrastructure Fund and as much as C$10 million from FedDev Ontario, creating a crucial processing pathway for the rare earth elements samarium and gadolinium, which are essential for permanent magnet production and high-temperature defense applications.
The strategic importance of this development cannot be overstated, as China currently controls an estimated 70% of global rare earth mining and up to 90% of processing capacity according to the International Energy Agency. Ucore's vision extends beyond this Ontario facility, with plans to disrupt China's control of the North American REE supply chain through additional strategic metals complexes in Canada and Alaska, and the development of its Bokan-Dotson Ridge Rare Heavy REE Project in Southeast Alaska. For more information about the company's broader strategy and technology, interested parties can visit the company's website at www.Ucore.com or access the latest updates relating to UURAF in the company's newsroom.
This news was disseminated through InvestorWire, a specialized communications platform within the Dynamic Brand Portfolio @ IBN that provides advanced wire-grade press release syndication and comprehensive corporate communications solutions. The platform ensures maximum impact through enhanced press release features, article syndication to over 5,000 outlets, and social media distribution to millions of followers. For those seeking to view the full article discussing Ucore's funding achievement, the complete coverage is available through the provided link, offering detailed insights into this significant development in critical minerals infrastructure and North American supply chain security.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Ucore Secures C$36.3M for Rare Earth Facility to Counter China's Dominance
