Disseminated on behalf of Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) and may include paid advertising.
- The prices for the rare earths most critical to automotive and high-tech manufacturing have climbed 37 to 105% since the start of the year.
- “These price differentials . . . underscore the importance of the developing North American supply chain,” said Ucore CEO.
- Demonstration data supports deployment at Ucore’s planned Strategic Metals Complex, where the first commercial RapidSX unit is targeted for commissioning in 2026.
Rare earth element prices have moved sharply higher in recent months, reflecting tightening global supply and sustained demand from clean energy, electric vehicle and defense sectors. These increases have a significant impact on companies operating in the space, including Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), which is focused on rare- and critical-metal resources, extraction, beneficiation and separation technologies with the potential for production, growth and scalability. Ucore is focused on becoming a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry.
“The prices for the rare earths most critical to automotive and high-tech manufacturing have climbed 37 to 105% since the start of the year, strengthening the economic case for building processing and separation capacity in the United States and allied nations,” reports Metal Tech News. Specifically, the…
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