Welcome to our dedicated page for Ucore Rare Metals news (Ticker: UURAF), a resource for investors and traders seeking the latest updates and insights on Ucore Rare Metals stock.
Ucore Rare Metals Inc. reports developments tied to rare-earth and critical-metal resources, extraction, beneficiation and separation technologies. Company news centers on the RapidSX™ rare earth separation platform, the Louisiana Strategic Metals Complex, the Commercialization and Demonstration Facility in Kingston, Ontario, and the Bokan Dotson-Ridge rare earth element project in Southeast Alaska.
Recurring updates include equipment procurement and process work for rare earth oxide separation, government-funded demonstration reporting, mineral resource and technical report disclosures, supply-chain collaboration discussions, planned product categories such as NdPr, Dy, Sm and Gd oxides, and equity-compensation actions. Ucore trades in Canada on the TSX Venture Exchange under UCU and in the United States on the OTCQX market under UURAF.
Ucore (OTCQX: UURAF) congratulated partner Hastings and Wyloo on their March 2026 acquisition of a fully permitted hydrometallurgical mixed rare earth chloride (MREC) production facility in Thailand.
The acquisition reportedly adds near-term MREC processing capability to support third-party monazite feedstock and advances discussions under a previously disclosed non-binding Heads of Agreement toward a definitive long-term supply arrangement for Ucore's developing Strategic Metals Complex in Louisiana.
Ucore (OTCQX: UURAF) executed a Memorandum of Understanding with Vulcan Elements to build a domestic rare earth magnet supply chain for defense and commercial uses.
The partners plan commercial NdPr and Dy oxide supply beginning in 2027, linking Ucore's Kingston demonstration and planned Louisiana Strategic Metals Complex to Vulcan's North Carolina magnet factories, including a 10,000-tonne facility backed by a $1.4 billion U.S. government partnership.
Ucore (OTCQX: UURAF) said it is accelerating commercialization of a RapidSX™ rare earth refining facility focused on samarium (Sm) and gadolinium (Gd), supported by a conditional government commitment of up to C$36.3 million. The Project targets defense supply shortages and aims for Western-aligned midstream capacity ahead of 2027 procurement deadlines.
Operational work includes Kingston CDF testwork, contactor factory acceptance testing, and processing of multiple feedstocks to refine Sm/Gd separation performance.
Ucore Rare Metals (OTCQX: UURAF) highlighted sharp rare earth price increases and a large China vs ex-China pricing gap for heavy and light rare earth oxides on February 23, 2026. Dysprosium oxide reached >$200/kg in China and ~$1,000/kg ex-China; terbium oxide hit $900/kg in China and >$4,500/kg ex-China.
Ucore said these premiums support its North American RapidSX refining strategy and noted its #2 ranking on the 2026 TSX Venture 50 and #1 on OTCQX Best 50, backed by a 1,109% market-cap increase.
Ucore (OTCQX: UURAF) submitted the final Phase 1 report under its Other Transaction Agreement with the U.S. Department of War, including a Final Demonstration Report and a Final Techno-Economic Analysis for RapidSX™.
Phase 1 delivered ~6,000 hours runtime, production of thousands of liters of separated PrNd, SmEuGd, Sm, Gd, Tb and Dy chloride products, and >10,000 recovery/purity comparisons versus conventional solvent extraction. Phase 2 is underway (5 of 20 milestones complete) toward a commercial RapidSX machine and a 2,500 tpa TREO first-stage processing goal.
Ucore (OTCQX: UURAF) updated progress on its RapidSX rare earth separation commercialization and a US$22.4 million U.S. Department of War Other Transaction Agreement. Since December 2023 the company ran ~5,700 hours on a 52-stage RapidSX Demo Plant and analyzed > 25,000 samples to compare RapidSX to a 52-stage conventional CSX pilot.
Ucore reports producing multiple REE groups (including Tb, Dy, NdPr, SmEuGd), building a 24/7 ICPMS lab, and planning installation of RapidSX Machine #1 at the Louisiana Strategic Metals Complex in mid-2026. The company claims 2–4x faster throughput, smaller plant footprint, and CAPEX reduction, with quantitative affirmation in progress.
Ucore (OTCQX: UURAF) signed a Memorandum of Understanding with Vacuumschmelze (VAC) and eVAC Magnetics to develop a collaborative supply framework for high-purity rare earth oxides (Nd, Pr, Tb, Dy, Sm, Gd).
eVAC completed a U.S. magnet facility in Sumter County, South Carolina, backed by a Defense Production Act Title III grant and a $111.9 million Qualified Advanced Energy Project Tax Credit. Ucore plans to supply REOs from its planned Louisiana Strategic Metals Complex and Kingston Commercial Demonstration Facility. The parties aim to finalize commercial terms within nine months.
Ucore (OTCQX: UURAF) received conditional approval from the Government of Canada for up to $36.3 million to fund its "Pathway to Samarium and Gadolinium Security" Project. The contribution includes up to $26.3 million non-repayable from Natural Resources Canada (GPI) and up to $10 million from FedDev Ontario to demonstrate and scale a commercial processing facility in Kingston, Ontario using Ucore's RapidSX™ technology. The facility is described as the first dedicated North American samarium and gadolinium oxide producer to support SmCo magnet supply chains. Funding remains subject to program conditions, due diligence and execution of a Contribution Agreement.
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.