Financial News
Audio Broadcast Details Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Achievements in Sustaining Domestic REE Production
- Ucore Rare Metals Inc. is a critical metals process developer intent on establishing North American-based resources for rare earth element (“REE”) production
- The company has developed its trademarked RapidSX(TM) process for separating REEs from ore deposits, describing it as a faster and more environmentally friendly solution than the industry standard process
- Ucore regards the establishment of a North American-based supply chain for REEs as a critical need to maintain the industry’s independence from China-dominated sourcing and processing
- The U.S. Department of Defense recently awarded Ucore $4 million to demonstrate the capabilities of RapidSX(TM)
- A new NetworkNewsWire (“NNW”) audio broadcast and accompanying editorial outline the efforts of Ucore and a handful of other companies aiming to strengthen North American REE production
More than a decade has passed since the rare earth trades dispute between China, on one side, and several nations including the United States, on the other, erupted over China’s rare earth element (“REE”) export restrictions (https://ibn.fm/0gOCP).
During the interim, the incident has continued to raise alarms as governments and industries search for ways to break China’s iron grip on the global REE supply chain that supplies critical mined resources for modern high-tech devices that range from smartphones and electric vehicle batteries to…
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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