FAQ: Ucore Rare Metals and RapidSX™ Technology for Rare Earth Element Processing

What is Ucore Rare Metals Inc. and what is its main focus?

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) is focused on rare- and critical-metal resources, extraction, beneficiation and separation technologies with the potential for production, growth and scalability. The company aims to become a leading advanced technology company providing best-in-class metal separation products and services to the mining and mineral extraction industry.

What is the RapidSX™ technology and how does it compare to conventional methods?

RapidSX™ is Ucore’s separation technology platform that offers a smaller, faster, and potentially cleaner alternative to conventional rare earth element separation methods. This next-generation technology positions Ucore as a serious contender in reshaping the global REE processing landscape.

Where is Ucore building its Strategic Metals Complex and when will it begin production?

Ucore is building its Strategic Metals Complex (SMC) in Louisiana, USA, with plans to begin commercial rare earth element output by the second half of 2026. The company also plans subsequent SMCs in Canada and Alaska as part of its long-term strategy.

Why is Ucore’s initiative important for Western countries?

Ucore’s initiative is strategically positioned to reduce Western reliance on Chinese rare earth element supply chains. With government support including a Defense Production Act prioritization status, the company is emerging as a Western-aligned player in establishing secure REE supply chains.

What government support has Ucore received for its projects?

Ucore has received an $18.4 million U.S. Department of Defense grant and government prioritization status under the Defense Production Act. This support demonstrates the strategic importance of establishing domestic rare earth element processing capabilities.

What is the Tanbreez project and how is it related to Ucore?

The Tanbreez project is a rare earth element mining project in Greenland that has a feedstock agreement with Ucore. This partnership provides Ucore with a source of raw materials for its processing facilities and supports its supply chain strategy.

What is Ucore’s long-term development plan beyond the Louisiana facility?

Beyond the Louisiana SMC, Ucore plans subsequent strategic metals complexes in Canada and Alaska, and the longer-term development of its 100% controlled Bokan-Dotson Ridge Rare Heavy REE Project on Prince of Wales Island in Southeast Alaska, USA.

Where can I find more information about Ucore Rare Metals Inc.?

For more information about Ucore Rare Metals Inc., visit the company’s website at www.Ucore.com or access the latest news and updates relating to UURAF in the company’s newsroom at https://ibn.fm/UURAF.