Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Moves to Counter China’s Rare Earth Dominance
Disseminated on behalf of Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) and may include paid advertising. China controls roughly 70% of global rare-earth mining and as much as 90% of rare-earth magnet production. This threat has placed renewed urgency on domestic companies, such as Ucore, that aim to rebuild processing infrastructure the U.S. allowed to atrophy over several decades. Ucore’s competitive edge lies in RapidSX, a solvent-extraction-based separation platform designed as a technological improvement over conventional SX systems. The escalating tug-of-war over critical mineral supply chains has taken another sharp turn, as a recent Wall Street Journal report reveals…
