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 is targeting key industries such as automotive and renewable energy with its comprehensive approach to critical metals separation and processing. This initiative addresses the critical challenge of Chinese dominance in global rare earth production while providing Western original equipment manufacturers with a reliable, technologically advanced alternative for critical metal procurement.

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 and forms the foundation of Ucore's competitive advantage in the rare earth market. The technology's development and implementation are central to the company's vision of becoming a leading advanced technology company in metal separation and extraction.

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 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. The company's approach includes strategic partnerships with organizations such as Kingston Process Metallurgy Inc. and Mech-Chem Associates Inc. to build a comprehensive North American rare earth ecosystem.

The company's ESG-centered approach underscores a commitment to sustainable and responsible critical metals production, aligning with growing industry demands for environmentally conscious supply chains. Ucore's vision extends beyond immediate production goals, focusing on long-term transformation of how rare earth elements are sourced and processed in North America. This strategic positioning comes at a critical time as industries increasingly seek secure, domestic sources for the essential materials powering modern technologies and green energy transitions.