Tuesday, 02 January 2024 12:17 GMT

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Advances Kingston Facility As Samarium Risk Escalates


(MENAFN- Investor Brand Network) Disseminated on behalf of Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) and may include paid advertising.

  • Ucore Rare Metals is developing a first-of-its-kind North American processing hub dedicated to refining samarium and gadolinium oxides.
  • The U.S. Geological Survey's draft 2025 supply-risk model identifies samarium as the most at-risk mineral among the 50 materials evaluated.
  • Ucore's Kingston facility is part of a wider company strategy to establish a Western alternative to China's dominant magnet-materials infrastructure.

As the United States faces its most severe supply-chain warning yet for a key defense mineral, one project in Canada has suddenly become more strategically important than ever. The latest U.S. Geological Survey draft ranking shows samarium carrying the highest supply disruption risk among all evaluated critical minerals for 2025, a development that directly elevates the relevance of Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) and its planned Ontario-based samarium-gadolinium refining facility.

Ucore Rare Metals is developing a first-of-its-kind North American processing hub dedicated to refining samarium and gadolinium oxides, part of a broader strategy to rebuild a complete, Western-controlled supply chain for critical materials used in advanced manufacturing, energy technologies and...

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NOTE TO INVESTORS: The latest news and updates relating to UURAF are available in the company's newsroom at

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