- Strategic metals supply chain enterprise Ucore Rare Metals Inc. has developed its own proprietary solution for separating rare earth elements from their host ores in hopes of re-establishing a North American base for the REE supply chain
- During an era of international trade tensions over computer tech asset sourcing, Ucore aims to reduce Americans’ reliance on China for the REEs critical to modern technology ranging from cell phones and computers to electric vehicle batteries
- Ucore’s RapidSX(TM) REE processing solution is being demonstrated as advantageous over industry-standard CSX processes in side-by-side testing at Ucore’s facility in Ontario, Canada
- Ucore is preparing to begin construction on a commercial-scale facility in Louisiana that will use RapidSX(TM) to process REEs within the United States
- The company anticipates additional commercial facilities in Alaska and / or Canada in the future
The COVID-19 pandemic resulted in global supply chain disruptions on an enormous scale, challenging businesses to cope with product unavailability, customer loss, skilled employee shortfalls, rising infrastructure costs, economic inflation and other significant pressures.
Even as the deadly pandemic slips away into memory, supply chain security remains a pivotal concern as trade and transit tensions deteriorate into geopolitical conflicts across national borders, exemplified in the public consciousness most recently by the wars between Russia and Ukraine, and between Israel and its…
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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