- China’s move exposed how important it is that the United States focus on finding strong domestic sources for essential materials.
- A possible roadmap comes down to five mutually reinforcing steps, with Ucore Rare Metals’ RapidSX(TM) technology playing a key role in the process.
- The company’s goal is to play a vital role in building a robust and independent rare earth supply chain in North America, says CEO.
The tariff war between the United States and other countries, particularly China, has created a greater awareness of the tenuous U.S. position in terms of its reliance on China for essential materials for key products. That became even clearer earlier this year when China imposed export licensing restrictions on seven medium and heavy rare-earth elements — specifically samarium, gadolinium, terbium, dysprosium, lutetium, scandium and yttrium — as retaliation for U.S. tariffs, significantly tightening the supply of elements critical for aerospace, defense and other industries (https://ibn.fm/HYY5u).
China’s move exposed how quickly one regulatory dial, controlled half a world away, can grind American production to a halt — and how important it is that the United States focus on finding strong domestic sources for essential materials. Enter Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a…
NOTE TO INVESTORS: The latest news and updates relating to UURAF are available in the company’s newsroom at https://ibn.fm/UURAF
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