Ucore Rare Metals Inc. Advances Domestic REE Supply Chain with RapidSX(TM) Technology
July 3rd, 2025 7:34 PM
By: Newsworthy Staff
Ucore Rare Metals Inc. is making strides in reducing North America's reliance on foreign rare earth elements with its Louisiana Strategic Metals Complex and RapidSX(TM) technology, backed by an $18.4 million investment from the U.S. Department of Defense.
Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) has achieved a significant milestone in the development of a domestic rare earth element (REE) supply chain with the groundbreaking of its Louisiana Strategic Metals Complex (SMC) in Alexandria. This facility, the company's first commercial REE refining operation, is set to utilize Ucore's proprietary RapidSX(TM) technology, an advanced solvent extraction process that promises a more efficient and environmentally friendly method for separating REEs. The U.S. Department of Defense has recognized the strategic importance of this initiative, providing $18.4 million in funding to accelerate the installation of RapidSX technology at the facility, highlighting the DoD's commitment to securing a domestic supply chain for critical minerals vital to national security and technological advancement.
Source Statement
This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,
