Ucore Rare Metals Inc. has initiated the construction of its Louisiana Strategic Metals Complex (SMC) in Alexandria, a move poised to strengthen the domestic supply chain for rare earth elements (REEs). This facility will utilize Ucore's innovative RapidSX(TM) technology, offering a more efficient and eco-friendly approach to REE separation. The initiative responds to the urgent need for North America to decrease its dependency on foreign REE sources, a critical step toward securing a sustainable and reliable supply of these vital minerals.
The project has received significant backing, including an $18.4 million grant from the U.S. Department of Defense (DoD), highlighting the strategic value of establishing a secure REE supply chain within the United States. The Louisiana SMC is anticipated to be Ucore's inaugural commercial REE refining operation, representing a major milestone in the company's efforts to revolutionize the critical metals industry. For further details on Ucore's pioneering technology and the Louisiana SMC, visit https://ibn.fm/zPMiw and https://ibn.fm/DbX2R.
