Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Secures $18.4M DoD Award to Fast-Track Heavy Rare Earth Independence
This phase 2 award builds on phase 1 success, during which Ucore successfully separated two heavy rare earths critical for defense applications. RapidSX offers a U.S. government-backed alternative to traditional vat-based solvent extraction technology, which is dominated by Chinese refiners. Ucore plans to achieve full mechanical completion of the Louisiana-based SMC by the second half of 2026. In a bold step toward reshoring critical mineral processing, Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) has received an $18.4 million phase 2 award from the U.S. Department of Defense (“DoD”) to accelerate the engineering, procurement and site work for its Louisiana Strategic Metals Complex…