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Ucore Rare Metals Inc. Secures $18.4 Million Grant to Advance Rare Earth Supply Chain Independence

Summary by Evertise
The U.S. Department of Defense has awarded Ucore Rare Metals Inc. an $18.4 million grant to accelerate the development of its RapidSX(TM) rare-earth separation technology at the Louisiana Strategic Metals Complex (SMC). This initiative represents a critical move towards reshoring the production of rare-earth elements, which are vital for a wide range of technologies, from military applications to renewable energy systems. Currently, China domina…
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Evertise broke the news in on Friday, July 18, 2025.
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