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 China’s plans to tighten control over high-performance rare-earth magnets essential for U.S. military systems. The article outlines how Beijing may take steps to limit access to advanced magnet technologies used in fighter jets, missile-guidance components and other defense hardware, potentially deepening U.S. vulnerability in a market it already depends on almost entirely. With this in mind, Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is positioning itself as a critical part of the solution, developing a North American supply chain for rare-earth separation using its proprietary RapidSX technology and advancing plans for a commercial facility designed to reduce reliance on Chinese processing.
China controls roughly 70% of global rare-earth mining and as much as 90% of rare-earth magnet production. A 2023 USGS report confirms that the United States imported 74% of its rare-earth compounds and metals from China between 2018 and 2021, underscoring the imbalance that…
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