Exciting news! The U.S. Department of Defense is providing Canadian Ucore Rare Metals (WKN A2QJQ4 / TSXV UCU) with USD 18.4 million to advance its RapidSX technology for separating rare earth elements towards full operation!

This includes both the expansion of the work already underway in collaboration with the US Department of Defense as part of a demonstration project, for which Ucore has already received USD 4 million, as well as the construction and commissioning of a commercial-scale RapidSX production module and the transfer of systems engineering technology from Ucore’s Canadian demonstration plant to the commercial plant already under construction in the United States (Louisiana).

Find out more here:

Ucore receives USD 18.4 million from the US government for commercialization of its rare earth technology!

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