Ucore Rare Metals Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- CEO
- Patrick Ryan
- Full Time Employees
- 8
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 210 Waterfront Drive Halifax NS Canada B4A 0H3
- IPO Date
- Jan 5, 2010
- CIK
- 0001495651
- Website
- ucore.com
- Similar Companies
- Business
- Ucore Rare Metals Inc. is a critical metals technology company engaged in the extraction, beneficiation, and separation of rare and critical metal resources in Canada and the United States. Founded in 2006 and headquartered in Halifax, Nova Scotia, the company holds a 100% interest in the Bokan-Dotson Ridge rare earth element project located in Alaska. Ucore specializes in proprietary rare earth element (REE) separation technologies, notably its RapidSX™ platform, designed to enhance the efficiency and scalability of REE processing. The company focuses on developing modular, scalable refining infrastructure, including its flagship Strategic Metals Complex (SMC) in Alexandria, Louisiana, aimed at producing separated and salable rare earth oxides to support domestic supply chains essential for high-tech applications such as electric vehicles, renewable energy, semiconductors, and defense systems. In recent developments, Ucore received an $18.4 million contract from the U.S. Department of Defense in 2025 to advance commercial production at its Louisiana SMC, marking a major step toward establishing a Western rare earth supply chain and enhancing North American critical metals security. This funding builds on partnerships and government support including Natural Resources Canada, underscoring the company’s strategic role in reducing dependence on China for critical metals. Ucore has successfully demonstrated its RapidSX™ technology with extensive operational hours at its Kingston, Ontario demonstration plant and is progressing toward large-scale commercial deployment. Additionally, the company maintains strategic plans for further expansion with additional SMCs planned in Canada and Alaska and ongoing advancements in its Alaska Bokan-Dotson Ridge project, targeting rare heavy REE production for diverse market needs. Ucore’s key offerings include rare earth element extraction and beneficiation; proprietary metal separation and refining technology through RapidSX™; commercial-scale rare earth oxide production facilities; and integrated strategic metals complexes designed for modular scalability. The company operates primarily in North America, serving markets in electric vehicle manufacturing, renewable energy, defense technology, and semiconductor industries, positioning itself as a leading supplier of critical metals through innovation and strategic partnerships. This positioning is supported by recent funding rounds, including a $15.5 million private placement in 2025, alongside government-backed contracts that facilitate the commercialization of its REE processing technologies and expansion of its operational footprint. Ucore’s focus on expanding its technology deployment and production capacity reflects a broad strategic shift toward vertical integration of the rare earth supply chain from extraction to high-value separation and processing within North America. The company thus plays a critical role in the energy transition and national defense supply chains amid increasing geopolitical dynamics around rare earth elements.
Ucore Advances NRCan CMRDD Program and Hosts Ottawa Dignitaries
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Ucore Receives a Crucial DPAS-Rated Long Lead Equipment Component at the Louisiana SMC
Ucore Updates Mineral Resource Estimate and Technical Report for Bokan Dotson-Ridge Rare Earth Property
DoW Accepts Ucore's Phase 1 Final Report and RapidSX(TM) Techno-Economic Assessment
Ucore Congratulates Hastings on its Acquisition of a Mixed Rare Earth Chloride Production Facility and Updates on Supply Discussions
Ucore and Vulcan Elements Join Forces to Build Domestic Rare Earth Magnet Supply Chain for Defense and Commercial Applications
Ucore Rare Metals (OTCMKTS:UURAF) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened
Ucore Accelerates Commercial Planning for Samarium and Gadolinium Oxides as Defense Supply Chains Face Urgent Shortages
Ucore Rare Metals (OTCMKTS:UURAF) Stock Price Passes Above 200 Day Moving Average – Should You Sell?
Recent Rare Earth Price Increases Continue to Enhance Ucore's Refining Strategy
Ucore Continues to Advance Rare Earth Processing Supported by U.S. DoW with Final Phase 1 Report Submitted for RapidSX(TM) Project
Ucore Rare Metals (OTCMKTS:UURAF) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened
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Ucore Rare Metals: Greenland Headlines And Execution Risks At Louisiana Facility
Ucore Readies for Louisiana 2026 Heavy Rare Earth Element Processing