Ucore Continues to Advance Rare Earth Processing Supported by U.S. DoW with Final Phase 1 Report Submitted for RapidSX(TM) Project

Core Insights - Ucore Rare Metals Inc. has submitted the final report for Phase 1 of its Other Transaction Agreement with the US Department of War, which includes a Final Demonstration Report and a Final Techno-Economic Analysis detailing the work at its RapidSX™ Commercialization and Demonstration Facility [1][2]. Phase 1 Results - The Final Report compared Ucore's proprietary RapidSX™ technology with conventional solvent extraction methods, demonstrating the precision and flexibility of RapidSX™ in executing solvent extraction chemistry [2]. - Phase 1 resulted in approximately 6,000 hours of operation on the RapidSX™ Demonstration Plant, producing thousands of liters of various rare earth chloride products and small batches of oxide products, with over 10,000 points of recovery and purity comparisons [3]. Phase 2 Developments - Phase 2 of the Agreement, initiated in May 2025, is currently in progress with 5 out of 20 milestones completed. This phase will lead to the construction and demonstration of a commercial-scale RapidSX™ machine at the Louisiana Strategic Metals Complex [4]. - The planned capacity for the first stage of the facility is 2,500 tonnes per annum of total rare earth oxide processing [4]. Strategic Vision - The company aims to disrupt China's dominance in the North American rare earth supply chain through the development of processing facilities in Louisiana, Canada, and Alaska, alongside the Bokan-Dotson Ridge Rare Heavy REE Project in Alaska [7]. - Ucore's CEO emphasized the importance of processing independence as a national security priority for the US, highlighting the need for sustained investment in advanced technologies [5]. Future Outlook - The company anticipates releasing more detailed information on the Project's results and the Techno-Economic Assessment following formal acceptance by the US Army Contracting Command [5].