FAQ: Ucore Rare Metals and RapidSX™ Technology in Critical Materials Supply Chain

What is Ucore Rare Metals Inc. and what is its main focus?

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) is a company focused on rare- and critical-metal resources, extraction, beneficiation, and separation technologies with potential for production, growth, and scalability in the mining and mineral extraction industry.

What is RapidSX™ technology and why is it significant?

RapidSX™ is Ucore’s cutting-edge, next-generation rare earth element separation technology that has received an $18.4 million award from the U.S. Department of Defense to strengthen domestic supply chains for essential components used in defense systems like missiles, fighter jets, and radar systems.

Why is this development important for North America?

This development is crucial because it supports defense-grade magnet commodity security, broad-based high-tech manufacturing, and geopolitical resilience by reducing reliance on adversarial-state supply chains, particularly disrupting China’s control of the North American REE supply chain.

Where is Ucore planning to implement its processing facilities?

Ucore is planning to integrate RapidSX machines in both Canada and the United States, including a heavy and light rare-earth processing facility in Louisiana, subsequent strategic metals complexes in Canada and Alaska, and the longer-term development of its Bokan-Dotson Ridge Rare Heavy REE Project in Southeast Alaska.

How does this initiative align with U.S. strategic objectives?

This model aligns perfectly with the Pentagon’s strategic objectives under its Industrial Base and Sustainability program by establishing a rapid-response, scalable heavy rare earth element (HREE) processing chain in North America to ensure supply chain security for defense applications.

What is the current status of Ucore’s technology development?

The company is steadily advancing from demonstration to full commercial readiness with its RapidSX™ platform, moving toward operational deployment in planned strategic metals complexes.

Who provided funding for Ucore’s technology development?

The U.S. Department of Defense provided an $18.4 million award to support the development and implementation of Ucore’s RapidSX™ separation technology as part of the Pentagon’s push to strengthen domestic supply chains.

What are the broader implications of this technology for manufacturing?

The technology supports broad-based high-tech manufacturing beyond defense applications by providing a domestic source of processed rare earth elements essential for various advanced technologies and reducing dependency on foreign supply chains.

Where can investors find more information about Ucore Rare Metals?

Investors can visit the company’s website at www.Ucore.com or access the latest news and updates in the company’s newsroom at https://ibn.fm/UURAF.