Ucore Rare Metals Inc. Secures $18.4 Million DoD Award for Revolutionary Rare Earth Technology

The U.S. Department of Defense has awarded Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) an $18.4 million phase 2 contract to further develop its RapidSX(TM) technology, a groundbreaking rare earth element separation platform. This award highlights the Pentagon’s commitment to reducing reliance on foreign sources for critical materials used in defense technologies, including missiles, fighter jets, and radar systems.

Ucore’s RapidSX platform represents a significant advancement over traditional rare earth separation methods, offering a modular, column-based solvent extraction system that is 3 to 7 times faster than conventional vat-based techniques. This technology is poised to play a pivotal role in strengthening the domestic supply chain for rare earth elements, which are essential for national security and technological superiority.

The phase 2 award builds upon the success of an initial $4 million phase 1 demonstration, underscoring the U.S. government’s confidence in Ucore’s ability to deliver scalable and efficient rare earth separation solutions. The project’s scope and milestones have been clearly outlined by the Department of Defense, signaling a collaborative effort to address the critical need for secure and sustainable sources of rare earth materials.

As global tensions and technological threats continue to rise, the development of domestic capabilities for rare earth processing and supply chain security has never been more important. Ucore’s RapidSX technology, backed by significant government investment, is at the forefront of this strategic initiative, offering a promising solution to one of the most pressing challenges facing the U.S. defense industrial base.

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