Skip to main content

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) to Invest $75 Million to Establish North America’s First Modern Technology REE Separation And Purification Facility in Alexandria, Louisiana

  • Ucore recently announced it is investing $75 million over the next four years to set up the Louisiana Strategic Metals Complex (“LSMC”) REE separation and oxide production facility
  • The facility will cover a footprint of 80,800 square feet and will be located within the England Airpark Community complex in Alexandria, Louisiana
  • Ucore expects to produce 7,500 tons per annum of total rare earth oxide (“TREO”) throughput and create 100 family-wage paying jobs
  • The facility is one of three strategic metals complexes that Ucore plans to set up across North America as part of efforts to help the continent take charge of REEs and other critical elements that are necessary as the world introduces electric vehicles and electrification

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a company engaged in the exploration for and separation and scalable production of rare earth elements (“REEs”) in Canada and the United States, recently announced it is investing $75 million in capital expenditure (“CapEx”) over the next four years to establish North America’s first modern technology REE separation and purification facility at the England Airpark Community in Alexandria, Louisiana. The investment will result in the establishment of the Louisiana Strategic Metals Complex (“LSMC”) REE separation and oxide production facility, whose construction is scheduled to begin this year. Once completed, the facility will create 100 family-wage paying jobs (by 2027).

“This project has been a year in the making from an economic development standpoint,” company Chairman and CEO Pat Ryan, P.Eng., said in his opening remarks during an in-person meeting where the company made the announcement. In fact, according to company Vice President and …

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to UURAF are available in the company’s newsroom at

About MiningNewsWire 

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published:

Los Angeles, California
310.299.1717 Office

MiningNewsWire is part of the InvestorBrandNetwork.

Data & News supplied by
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.