Ucore Readies for Louisiana 2026 Heavy Rare Earth Element Processing
US Department of War HREE Demonstration & RapidSX™ Technology US Transition Project from Ucore's -Kingston, Ontario, CAN, Commercialization and Demonstration Facility - to -Alexandria,...
2025-12-11 10:07 AM EST
Ucore Announces Strategic Alliance with Vacuumschmelze and eVAC Magnetics LLC for the Supply of Rare Earth Oxides
Ucore announces:eVAC Magnetics has completed construction of a rare earth permanent magnet manufacturing facility in Sumter County, South Carolina with support from the US DoW and a $111.9 million Qualifying Advanced Energy Project Tax CreditVAC also produces magnets at its facilities in Europe requiring rare earth oxides for product lines including neodymium-iron-boron (NdFeB) and Samarium-Cobalt (SmCo) permanent magnets. The Memorandum of Understanding (MOU) provides a means for eVAC and VAC to align with Ucore for the supply of high-purity rare...
2025-11-03 8:49 AM EST
Ucore Receives Conditional Approval from the Government of Canada for up to $36.3M for Canadian Rare Earth Processing
Ucore announces:Conditional approval for up to $36.3M from the Government of Canada, through Natural Resources Canada ("NRCan") and the Federal Economic Development Agency for Southern Ontario ("FedDev Ontario") to scale up a first-of-its-kind commercial processing facility in Kingston, Ontario, dedicated to the refining of the critical rare earth elements samarium and gadolinium.The first dedicated samarium and gadolinium oxide production facility in North America to support samarium cobalt magnet production.Based on Ucore's advanced RapidSX™ separation technology.Halifax, Nova Scotia--(Newsfile Corp. -...
2025-10-31 3:44 PM EDT
Ucore Signs Heads of Agreement with Wyloo and Hastings to Secure Yangibana Feedstock
Halifax, Nova Scotia--(Newsfile Corp. - October 31, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that it has entered into a non-binding Heads of Agreement (HoA) with Wyloo Gascoyne Pty Ltd ("Wyloo") and Hastings Technology Metals Ltd ("Hastings") to:Establish a long-term supply pathway for Yangibana rare earth concentrate; andEvaluate hydrometallurgical ("Hydromet") processing options in the United States, with Louisiana as the priority location.The HoA links Australian feedstock from the Yangibana...
2025-10-31 8:40 AM EDT
Ucore Comments on G7 Focus to Secure Critical Mineral Supply Chains, October 30-31, 2025
Halifax, Nova Scotia--(Newsfile Corp. - October 29, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") issued the following statement regarding the G7 Energy and Environment Ministers' Meeting taking place in Toronto, Ontario, October 30-31, 2025.Public statements by government officials ahead of the meeting indicate that ministers intend to move beyond discussion toward concrete measures that strengthen allied critical mineral supply chains. With partners including the United States and Australia a multilateral approach is the...
2025-10-29 2:22 PM EDT
Ucore Comments on China's Expanded Rare Earth Export Controls
Halifax, Nova Scotia--(Newsfile Corp. - October 10, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to comment on recent reports of China's expanded rare earth export restrictions, including the addition of refining technology and equipment to the export control list. The Company confirms that it does not require or intend to use equipment sourced from the People's Republic of China for its U.S. heavy rare earth separation operations. Ucore's equipment...
2025-10-10 8:37 AM EDT
Ucore Updates on its US Heavy Rare Earth Production and DPAS Status
Ucore announces:Under its US$22.4 million funding agreement with the US Army Contracting Command-Orlando to launch its RapidSX™ rare earth element separation technology operations in Alexandria, Louisiana, the following progress updates:Completion of initial Alexandria field work activitiesThe application of Defense Priorities & Allocations System ("DPAS") status to work being performed on the projectRapidSX™ full commercial scale-up engineering and testing programContinued execution towards feedstock partnershipsLong Lead Time Material identification and sourcing
2025-09-19 9:44 AM EDT
Ucore Enters into Strategic Partnership with Metallium Limited
Ucore Announces:The formation of a strategic partnership with Metallium Limited which will add to potential feedstock sources for the Company's US DoW backed rare earth refinery in Alexandria, Louisiana. Metallium's Flash Joule Heating process provides an alternative to traditional sulfate leaching approaches to generating mixed rare earth products which will be suitable for refining using Ucore's RapidSXTM technology. A staged program is being developed combining Metallium's front-end upgrading capability with Ucore's downstream RapidSX separation capacity, reflecting the complementary roles of...
2025-09-16 8:30 AM EDT
Ucore Announces Automatic Conversion of Debentures
Halifax, Nova Scotia--(Newsfile Corp. - September 3, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that the last $1.1 million of the convertible debentures that were issued by the Company in May of 2020 (the "Convertible Debentures" of "Debentures") have been automatically converted into equity as a result of the triggering of a conversion clause in the Debenture agreement related to the Company's share price over the past twenty...
2025-09-03 8:20 AM EDT
Ucore Executes Supply Agreement with Critical Metals Corp.
Halifax, Nova Scotia--(Newsfile Corp. - August 26, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce the execution of a Non-binding Letter of Intent ("LOI") with Critical Metals Corp. (NASDAQ: CRML) ("CMC") for a long-term offtake agreement to secure heavy rare earth element feedstock from CMC's Tanbreez Project in southern Greenland.Under the terms of the proposed arrangement, Critical Metals Corp. intends to supply Ucore with a rare earth product from Tanbreez...
2025-08-26 10:59 AM EDT
Ucore Launches US Department of Defense Funded $18.4 Million Commercial Rare Earth Refining Project
Ucore announces:Initiation of the USD$18.4 million DOD Phase 2 award for the scale-up of its Louisiana commercial rare earth refining complex.Successful separation of terbium and dysprosium - critical heavy rare earth elements ("HREEs") - further to its US DoD Phase 1 project, resulting in a payment in the amount of USD $1.1 million. An appreciation for recent DoD actions to diversify and secure domestic production, especially HREEs, which are tightly controlled by China. Halifax, Nova Scotia--(Newsfile Corp. - July 14,...
2025-07-14 10:25 AM EDT
Ucore Announces Closing of Brokered Offering for Gross Proceeds of C$15.5 Million
Halifax, Nova Scotia--(Newsfile Corp. - June 19, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce the closing of its previously announced "best efforts" private placement (the " Offering") for aggregate gross proceeds of C$15.5 million, which includes the full exercise of the agents' option. In aggregate pursuant to the Offering, the Company sold 12,916,667 units of the Company (the "Units") at a price of $1.20 per Unit (the "Offering Price")....
2025-06-19 11:13 AM EDT
Ucore Announces Books Closed on C$15.5 Million LIFE Offering and Full Exercise of Agents' Option
Halifax, Nova Scotia--(Newsfile Corp. - June 10, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that, further to its news release dated June 9, 2025, the order book for the Company's previously announced upsized private placement (the "Offering"), is closed with orders totaling C$15.5 million. The Offering is over-subscribed and includes the full exercise of the agents' option. Although orders in excess of C$15.5 million were received in connection...
2025-06-10 6:54 AM EDT
Ucore Closes Books on Over-Subscribed Brokered LIFE Offering
Halifax, Nova Scotia--(Newsfile Corp. - June 5, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that the order book for its previously announced brokered private placement (the "Offering") of units of the Company (the "Units"), is over-subscribed and closed.Red Cloud Securities Inc., as lead agent and sole bookrunner, together with Raymond James Ltd., are acting as agents in connection with the Offering. Pursuant to the Offering, the Company is...
2025-06-05 7:00 AM EDT
Ucore Announces Brokered LIFE Offering of Units for up to $10 Million
Halifax, Nova Scotia--(Newsfile Corp. - June 3, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") has entered into an engagement letter with Red Cloud Securities Inc. (the "Lead Agent"), on behalf of a syndicate of agents (collectively, the "Agents"), in connection with a "best efforts" agency basis private placement of units of the Company (the "Units") at a price of $1.20 per Unit (the "Offering Price") for maximum gross proceeds of $10 million...
2025-06-03 4:30 PM EDT
Ucore Executes US$18.4M Award with U.S. DoD for Rare Earth Processing
Halifax, Nova Scotia--(Newsfile Corp. - June 2, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that the Company has executed the definitive contract for its largest financing agreement to date, the US$18.4 million follow-on first-stage production award from the U.S. Department of Defense ("DoD") that was previously announced on May 14, 2025. This award brings total funding under the Company's existing Other Transaction Agreement ("OT Agreement") with U.S. Army...
2025-06-02 8:55 AM EDT
Ucore Announces Groundbreaking Ceremony for Louisiana Rare Earth Element Processing Facility
Halifax, Nova Scotia--(Newsfile Corp. - May 28, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that it will hold a formal ground-breaking ceremony on Thursday, May 29th for its Louisiana Strategic Metals Complex ("SMC"), the Company's first commercial rare earth element ("REE") refining facility, located at the England Airpark in Alexandria, Louisiana.The Louisiana SMC will produce high-purity rare earth oxides from mixed rare earth chemical concentrates obtained from multiple global...
2025-05-28 8:41 AM EDT
Ucore and US DOD Agree on US$18.4M Initial Construction Funding for Rare Earth Processing in Louisiana
Ucore Announces:A US$18.4 million funding agreement with the US Department of Defense to launch its RapidSX™ Rare Earth Element Separation Technology toward full-scale operation, including:Expansion of the current $4M US DOD demonstration projectCommercial-scale RapidSX™ production module construction and operationsSystem engineering technology transfer from Ucore's Canadian demonstration facility to its developing United States commercial facilityFull-scale construction and 'Early Production' in Louisiana in H2-2026Halifax, Nova Scotia--(Newsfile Corp. - May 14, 2025) -
2025-05-14 9:46 AM EDT
Ucore Corporate Updates
Halifax, Nova Scotia--(Newsfile Corp. - May 13, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company"), is pleased to announce the following marketing and investor awareness engagements.The Company reports that it has engaged InvestorBrandNetwork ("IBN"), a multifaceted financial news and publishing company, to provide corporate communications expertise and related services. The Company expects that IBN will leverage its investor-based distribution network of 5,000+ key syndication outlets, various newsletters and other outreach tools to...
2025-05-13 7:00 PM EDT
Ucore Corporate Update
Halifax, Nova Scotia--(Newsfile Corp. - April 14, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company"), is pleased to announce that its Chairman and CEO, Pat Ryan, will be presenting at the Emerging Growth Conference on Wednesday, April 16, 2025 at 2:20pm Eastern Time. Mr. Ryan is looking forward to providing existing shareholders and the investment community with an overview of the Company and its operations, together with an update on recent developments in...
2025-04-14 3:45 PM EDT