Ucore Rare Metals (WKN A2QJQ4 / TSXV UCU) began years ago to position itself as part of a North American or US rare earth supply chain.
CEO Pat Ryan’s company has developed the so-called RapidSX technology, which allows for the faster and more cost-effective processing of both light and heavy rare earth ores than conventional methods. For this purpose, the company is already collaborating with the US Department of Defense, which is providing financial support of up to USD 4 million, at a demonstration plant in Kingston, Canada, .
Just recently, however, the Pentagon provided Ucore with an additional USD 18.4 million (!) to accelerate the planned expansion of a commercial RapidSX plant in the US state of Louisiana, where the expertise gained in Kingston is to be applied.
In this video, Ucore CEO Pat Ryan now provides an update on the latest developments and the company’s plans for the future.
Receive exclusive updates on exciting commodity companies, market analyses, and investment opportunities directly in your inbox.
By submitting the form, you agree that your contact details will be processed for sending the newsletter.
I. Information Function and Disclaimer: GOLDINVEST Consulting GmbH offers editors, agencies, and companies the opportunity to publish comments, analyses, and news on www.goldinvest.de. The content serves exclusively for general information and does not replace individual, professional investment advice. It does not constitute financial analyses or sales offers, nor is it a solicitation to buy or sell securities. Decisions made based on the published information are entirely at your own risk. No contractual relationship arises between GOLDINVEST Consulting GmbH and the readers or users, as our information relates exclusively to the company and not to personal investment decisions.
II. Risk Disclosure: The acquisition of securities involves high risks, which can lead to the total loss of the capital invested. Despite careful research, GOLDINVEST Consulting GmbH and its authors assume no liability for financial losses or for the content’s guarantee regarding timeliness, accuracy, appropriateness, and completeness of the published information. Please also note our further terms of use.
III. Conflicts of Interest: In accordance with §34b WpHG and §48f para. 5 BörseG (Austria), we point out that GOLDINVEST Consulting GmbH, as well as its partners, clients, or employees, hold shares in the aforementioned companies. Furthermore, a consulting or other service agreement exists between these companies and GOLDINVEST Consulting GmbH, and it is possible that GOLDINVEST Consulting GmbH may buy or sell shares of these companies at any time. These circumstances can lead to conflicts of interest, as the aforementioned companies compensate GOLDINVEST Consulting GmbH for its reporting.
The leading platform for commodity news, market analyses, and company reports in the German-speaking region.
Copyright © 2025. GOLDINVEST Consulting GmbH. All rights reserved.
