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Posted On: 05/29/2025 6:18:06 PM
Post# of 278
NetworkNewsBreaks – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) Breaks Ground on Rare Earth Refining Facility in Louisiana
Ucore Rare Metals (TSXV: UCU) (OTCQX: UURAF) announced it will host a ground-breaking ceremony on May 29 for its Louisiana Strategic Metals Complex, the company’s first commercial rare earth element refining facility, located at England Airpark in Alexandria. The 80,800-square-foot site, secured under a long-term lease, will use Ucore’s RapidSX(TM) technology to produce high-purity rare earth oxides critical for electric vehicles, wind turbines and national defense applications. Supported by a US$18.4 million U.S. Department of Defense grant and a US$15+ million Louisiana incentive package, the project marks a key milestone in developing a secure domestic rare earth supply chain.
NOTE TO INVESTORS: The latest news and updates relating to UURAF are available in the company’s newsroom at https://nnw.fm/UURAF
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
Ucore Rare Metals (TSXV: UCU) (OTCQX: UURAF) announced it will host a ground-breaking ceremony on May 29 for its Louisiana Strategic Metals Complex, the company’s first commercial rare earth element refining facility, located at England Airpark in Alexandria. The 80,800-square-foot site, secured under a long-term lease, will use Ucore’s RapidSX(TM) technology to produce high-purity rare earth oxides critical for electric vehicles, wind turbines and national defense applications. Supported by a US$18.4 million U.S. Department of Defense grant and a US$15+ million Louisiana incentive package, the project marks a key milestone in developing a secure domestic rare earth supply chain.
NOTE TO INVESTORS: The latest news and updates relating to UURAF are available in the company’s newsroom at https://nnw.fm/UURAF
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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