InvestorNews.com is pleased to announce an upcoming InvestorTalk scheduled for tomorrow, Thursday, June 26th, at 9:00 AM EST, featuring Pat Ryan, CEO and Chairman of Ucore Rare Metals Inc. (TSXV: UCU | OTCQX: UURAF). To participate in this engaging discussion, please click here
Ucore is focused on rare- and critical-metal resources, extraction, beneficiation, and separation technologies with the potential for production, growth, and scalability. Ucore’s vision and plan is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry. Through strategic partnerships, this plan includes disrupting the People’s Republic of China’s control of the North American REE supply chain through the near-term development of a heavy and light rare-earth processing facility in the US State of Louisiana, subsequent SMCs in Canada and Alaska and the longer-term development of Ucore’s 100% controlled Bokan-Dotson Ridge Rare Heavy REE Project on Prince of Wales Island in Southeast Alaska, USA.
In preparation for tomorrow’s InvestorTalk, here are some recent news releases from Ucore Rare Metals for your review, which are listed below:
- June 19, 2025 – Ucore Announces Closing of Brokered Offering for Gross Proceeds of C$15.5 Million — click here
- June 10, 2025 – Ucore Announces Books Closed on C$15.5 Million LIFE Offering and Full Exercise of Agents’ Option — click here
- June 9, 2025 – Ucore Announces Upsize to the Brokered LIFE Offering for Gross Proceeds of up to C$14.0 Million — click here
- June 5, 2025 – Ucore Closes Books on Over-Subscribed Brokered LIFE Offering — click here
- June 3, 2025 – Ucore Announces Brokered LIFE Offering of Units for up to $10 Million — click here
- June 2, 2025 – Ucore Executes US$18.4M Award with U.S. DoD for Rare Earth Processing — click here
Here are 5 key data points from their June 2nd news release titled, “Ucore Executes US$18.4M Award with U.S. DoD for Rare Earth Processing”:
- $18.4 Million DoD Award Executed: Ucore has finalized a US$18.4 million award from the U.S. Department of Defense under an amended Other Transaction (OT) Agreement, bringing total non-repayable DoD funding to US$22.4 million.
- Commercial RapidSX™ Machine and Facility Development: The new funds will support the construction of Ucore’s first commercial RapidSX™ machine and supporting infrastructure at the Strategic Metals Complex (SMC) in Alexandria, Louisiana, targeting “early production” of rare earth oxides by H2 2026.
- Additionally, Ucore has secured:
- CA$4.28 million from the Government of Canada,
- An estimated US$15 million in incentives from Louisiana Economic Development, and
- CA$500,000 from Ontario’s Critical Minerals Innovation Fund.
- SMC Facility Specifications and Location Advantages: The SMC will span 80,800 square feet and be located in a Foreign Trade Zone at England Air Park, Alexandria, Louisiana. This enables potential customs and tax relief for imported concentrates and exported products.
- Project Timeline and Strategic Goal: A groundbreaking ceremony was held on May 29, 2025. Ucore aims to commercialize rare earth separation in North America, reduce reliance on China, and expand processing capabilities in both the U.S. and Canada through its RapidSX™ technology.
For more information on Ucore Rare Metals Inc., click here
For more information on the InvestorTalk pre-market series, go to InvestorTalk.com.
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