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 independent North American production capability. The company is targeting key industries including automotive and renewable energy with its proprietary RapidSX™ separation technology, a commercial-ready process designed to efficiently purify and process critical metals. This technological advancement represents a significant improvement 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 initial 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 that reduces geopolitical risks and ensures consistent access to materials essential for modern technologies.

Ucore's vision extends beyond immediate production goals, positioning the company 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. The development of North American rare earth processing capabilities represents a strategic response to growing concerns about supply chain security and the environmental impact of traditional mining and processing methods, offering manufacturers a more transparent and ethically sourced alternative for materials critical to electric vehicles, wind turbines, and other clean energy technologies.