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 primary technological innovation is RapidSX™, a commercial-ready separation technology designed to efficiently purify and process critical metals. This proprietary technology represents a significant advancement in metal extraction and refinement processes that could reshape global rare earth markets.

The company 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 in 2023. 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. These developments address critical challenges in the global rare earth market, particularly the current dominance of Chinese production that has created supply chain vulnerabilities for Western manufacturers.

Strategic partnerships form the foundation of Ucore's supply chain development strategy, with collaborations including Kingston Process Metallurgy Inc. and Mech-Chem Associates Inc. enabling the company to build a comprehensive North American rare earth ecosystem. By developing a domestic supply chain, Ucore aims to provide Western original equipment manufacturers with a reliable, technologically advanced alternative for critical metal procurement, particularly targeting key industries such as automotive and renewable energy that depend heavily on rare earth elements for manufacturing electric vehicles, wind turbines, and other clean energy technologies.

The company's approach extends beyond immediate production goals, positioning 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. This development matters significantly as it represents a strategic move toward supply chain security for technologies essential to the energy transition and national security, reducing Western dependence on foreign rare earth sources while establishing North America as a competitive player in the global critical minerals market.