Ucore Rare Metals Inc Stock Price, News & Analysis

Ucore Rare Metals (OTCQX: UURAF) signed a non-binding Heads of Agreement with Wyloo and Hastings to secure up to 37,000 tpa of Yangibana rare earth concentrate and jointly evaluate U.S. hydrometallurgical processing, prioritizing Louisiana. The HoA links Australian Stage 1 feedstock into Ucore's DoD-funded Louisiana Strategic Metals Complex (SMC) and aligns with the U.S.-Australia Framework announced Oct 20, 2025.

The HoA is non-binding (24-month term), contemplates per-DMT or fixed pricing to be set in a definitive agreement, and requires a Gap Analysis and techno-economic assessment of a Hydromet facility to produce MREC for Ucore's separation program.

Ucore (OTCQX: UURAF) commented on the G7 Energy and Environment Ministers meeting in Toronto (Oct 30-31, 2025), highlighting proposed policy tools—long-term offtake agreements with price supports, strategic stockpiling, and targeted public financing—that could accelerate North American rare earth independence.

Ucore says these measures may improve project bankability and revenue visibility, speed domestic qualification and procurement of high-purity rare earth oxides, and reduce single-country supply risk—potentially supporting regional refining capacity and multi-source feedstock strategies.

Ucore (OTCQX: UURAF) commented on China's October 2025 expansion of rare earth export controls, which added five heavy rare earths and additional processing equipment and technologies to Beijing's control list. Ucore confirmed it does not require China‑sourced equipment for its Louisiana Strategic Metals Complex (LA‑SMC) and that its RapidSX™ separation technology is built from North American and allied suppliers. The company said its DPAS rating helps prioritize long‑lead equipment deliveries and that modular RapidSX machines target specific rare earth oxides, reducing sourcing risk from the new controls.

Ucore Rare Metals (OTCQX: UURAF) has reported significant progress on its US$22.4 million funding agreement with the US Army Contracting Command-Orlando for rare earth element separation operations in Alexandria, Louisiana. The company has achieved several key milestones, including the receipt of a Defense Priorities & Allocations System (DPAS) DO-B8 rating, which prioritizes equipment orders for national defense requirements.

The project focuses on constructing a production-ready commercial RapidSX™ machine, with completed initial field work activities and exceeding 75% milestone in long lead time material sourcing. The facility aims to process hundreds of tonnes of heavy and light total rare earth oxide, with plans to expand to 2,000 tonnes per annum in Stage 1. The company has also engaged ImpactDeck for investor relations services at CAD$25,000 for a six-month term.

Metallium (OTCQX:MTMCF) has entered into a binding Technology Collaboration Agreement with Ucore Rare Metals to create an integrated rare earth elements (REE) processing solution in the United States. The collaboration combines Metallium's Flash Joule Heating (FJH) technology for feedstock upgrading with Ucore's RapidSX™ separation technology, which is being developed with an $18.4 million U.S. government grant.

The partnership aims to establish a complete feedstock-to-oxide refining pathway, addressing the critical need for REE supply chain independence from China, which currently controls 85% of global rare earth refining capacity. The integration will take place at facilities in Houston and Louisiana, with commercial terms to be determined following immediate testwork.

Metallium's Texas demonstration plant remains on schedule to begin processing e-waste in early 2026, while Ucore continues developing its Strategic Metals Complex in Louisiana.

Ucore Rare Metals (OTCQX:UURAF) has formed a strategic partnership with Metallium Limited to enhance rare earth processing capabilities. The 12-month collaboration integrates Metallium's Flash Joule Heating (FJH) technology with Ucore's RapidSX separation platform at their US DoW-backed Louisiana refinery.

The partnership will develop a two-stage program: First, bench-scale testing of rare earth concentrate processing and magnet scrap conversion; second, pilot-scale production of mixed REE chlorides at Ucore's Commercial Demonstration Plant in Kingston, Ontario. The integrated system aims to process various feedstocks, including conventional REE concentrates, magnet scrap, e-waste, and lighting waste, producing separated rare earth oxides like NdPr, Dy, and Tb.

Ucore Rare Metals (OTCQX: UURAF) has announced the automatic conversion of its remaining $1.1 million convertible debentures into equity. The conversion was triggered after the company's shares traded above $2.20 for 20 consecutive trading days on the TSX Venture Exchange.

The conversion resulted in the issuance of 1,222,219 units, each consisting of one common share and half a warrant. The warrants are exercisable at $1.30 per share until January 31, 2026. The debentures, originally issued in May 2020 at $1,000 per debenture with 7.5% annual interest, have now been fully converted or repaid.

Ucore Rare Metals (OTCQX: UURAF) has signed a non-binding Letter of Intent (LOI) with Critical Metals Corp (NASDAQ: CRML) for a long-term rare earth element feedstock supply agreement. The 10-year arrangement will source materials from CMC's Tanbreez Project in Greenland to supply Ucore's Strategic Metals Complex in Louisiana and Commercial Demonstration Facility in Ontario.

The agreement, targeted to commence by July 1, 2027, aims to establish a Western rare earth supply chain independent of China. The feedstock will be processed at Ucore's facilities, which are supported by the U.S. Department of Defense and the State of Louisiana. The partnership focuses on heavy rare earth elements crucial for permanent magnets used in defense and consumer applications.

Ucore Rare Metals (OTCQX: UURAF) has launched an $18.4 million US Department of Defense (DoD) funded Phase 2 project for scaling up its Louisiana commercial rare earth refining complex. The company has also successfully completed the separation of critical heavy rare earth elements (HREEs) terbium and dysprosium under its Phase 1 project, receiving a $1.1 million payment.

The Phase 2 Award will fund the construction of Ucore's first commercial-scale RapidSX™ machine at its Louisiana facility, focusing on HREEs crucial for military technologies and advanced applications. The project follows a $4 million Phase 1 Award, with current Phase 1 payments totaling $3.35 million. The initiative aims to establish a North American rare earth supply chain independent of Chinese control.