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FAQ: Ucore Rare Metals' Louisiana Strategic Metals Complex and Critical Mineral Supply Chain
TL;DR
Ucore Rare Metals Inc. is establishing a strategic metals complex in Louisiana to gain competitive advantage by reducing U.S. dependence on Chinese rare earth element imports.
Ucore Rare Metals Inc. is developing a commercial rare earth refining facility at England Airpark in Alexandria using advanced separation technologies for critical mineral processing.
Ucore's Louisiana facility strengthens the domestic supply chain for critical minerals essential to electric vehicles and renewable energy, creating a more sustainable future.
Louisiana is emerging as a rare earth hub with Ucore's strategic metals complex joining seven other plants under construction for critical mineral processing.
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Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) is focused on rare- and critical-metal resources, extraction, beneficiation and separation technologies with potential for production, growth and scalability, aiming to become a leading advanced technology company providing metal separation products and services to the mining industry.
The Louisiana SMC is a commercial rare earth refining facility being developed by Ucore at England Airpark in Alexandria, Louisiana, designed to strengthen the U.S. domestic supply chain for critical minerals essential to electric vehicles, renewable energy, and advanced defense technologies.
This development is significant because it helps wean the U.S. from dependence on rare earth imports from China, strengthening the domestic supply chain for critical minerals that are essential for electric vehicles, renewable energy, and advanced defense technologies.
The Louisiana Strategic Metals Complex is located at England Airpark in Alexandria, Louisiana.
Louisiana is becoming attractive because it's fast becoming a hub for processing critical minerals, rare earths and electrolyte salts used to produce lithium-ion batteries, with one plant operating successfully and seven more now under construction around the state.
Ucore's long-term plans include developing subsequent strategic metals complexes in Canada and Alaska, and the development of Ucore's 100% controlled Bokan-Dotson Ridge Rare Heavy REE Project on Prince of Wales Island in Southeast Alaska, USA.
The electric vehicle industry, renewable energy sector, and advanced defense technologies will benefit from Ucore's rare earth processing capabilities, as these industries depend on critical minerals processed at facilities like the Louisiana SMC.
Investors can visit the company's website at www.Ucore.com or access the latest news and updates relating to UURAF in the company's newsroom at https://ibn.fm/UURAF.
Ucore's vision is to disrupt the People's Republic of China's control of the North American REE supply chain through the development of strategic metals complexes in the U.S. and Canada, providing domestic sources for critical rare earth elements.
Curated from InvestorBrandNetwork (IBN)
