• Strained Sino-U.S. relations make it more important than ever for North America to explore options for procuring rare earth element (“REE”) and rare earth oxide (“REO”) resources
• Ucore has positioned itself to fulfill North America’s unmet REE, and REO needs through its RapidSX(TM) demonstration plant and future commercial production plants
• Ucore’s first commercial production plant is already being engineered to ramp up for customers, located in Louisiana, with two additional plants in the pipeline

With China’s attitude toward developing a healthy, stable, and constructive Sino-U.S. relationship unchanged, it has become imperative for North America to consider options for procuring rare earth elements (“REEs”) and rare earth oxides (“REOs”) without reliance on China, which is currently dominating the REE market. Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is a critical metals separation technology company executing an ESG-centered plan to establish a comprehensive North American critical metals supply chain. The company is positioning itself to fulfill North America’s unmet REE, and REO needs through commercial production plants, with the first expected to be operational by the end of 2024 in Louisiana.

Ucore recently participated in the 2023 Prospectors and Developers Association of Canada (“PDAC”) mining convention, the world’s premier convention for people, companies, and organizations connected to mineral exploration. The Toronto, Ontario convention attracts up to 30,000 attendees from over…

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NOTE TO INVESTORS: The latest news and updates relating to UURAF are available in the company’s newsroom at https://ibn.fm/UURAF

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