Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Secures Funding to Strengthen North American Supply Chain
Disseminated on behalf of Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) and may include paid advertising. The Canadian funding package includes up to C$26 million from Natural Resources Canada through its Critical Minerals Infrastructure Fund, along with as much as C$10 million from FedDev Ontario. Ucore’s facility will utilize Ucore’s proprietary RapidSX(TM) processing technology, which is designed to separate rare earth elements more efficiently than conventional solvent extraction. Ultimately, the conditional funding enables Ucore Rare Metals to advance a Canadian solution to one of the most pressing mineral supply challenges facing North America. The race to secure reliable supplies…
