Ucore Rare Metals Advances North American Rare Earth Independence with RapidSX™ Technology

Ucore Rare Metals Inc. is positioning itself to transform the rare earth elements supply chain through strategic technological and infrastructure developments focused on establishing an independent North American production capability. The company's efforts target key industries including automotive and renewable energy that rely heavily on these critical materials. This initiative addresses significant vulnerabilities in the current global supply chain where Chinese production dominates the market.

The cornerstone of Ucore's approach is RapidSX™, a commercial-ready separation technology designed to efficiently purify and process critical metals. This proprietary technology represents a substantial advancement in metal extraction and refinement processes compared to conventional methods. The development of this technology positions Ucore as a leading advanced technology company in metal separation and extraction with an ESG-centered approach that underscores commitment to sustainable and responsible critical metals production.

Ucore has outlined an ambitious plan to construct multiple rare earth refineries across North America, with the first Strategic Metals Complex scheduled to begin construction in Louisiana. This facility is projected to achieve production capabilities of 2,000 tons of total rare earth oxides by the end of 2024, with plans to increase capacity to 5,000 tons by 2026. The company's infrastructure development represents a significant step toward creating a comprehensive North American rare earth ecosystem that can serve Western original equipment manufacturers with reliable, technologically advanced alternatives for critical metal procurement.

Strategic partnerships form a crucial component of Ucore's supply chain development strategy. Collaborations with Kingston Process Metallurgy Inc. and Mech-Chem Associates Inc. along with other contractors and vendors are enabling the company to build the necessary infrastructure and technical capabilities. These relationships support the company's vision of creating a domestic supply chain that reduces dependence on foreign sources while providing technologically superior solutions for critical industries that drive modern technological advancement and clean energy transitions.