Ucore Rare Metals ( (TSE:UCU) ) has shared an update.
Ucore Rare Metals Inc. applauds a new executive order by President Trump, which invokes wartime powers to boost domestic critical mineral production, including rare earth elements. This aligns with Ucore’s efforts to develop a Western supply chain for rare earth elements, crucial for industries like semiconductors and clean energy. The company’s RapidSX™ refining technology and planned Strategic Metals Complex in Louisiana position it to meet growing demand, enhancing U.S. national security and technological advancement.
More about Ucore Rare Metals
Ucore Rare Metals Inc. is a company focused on rare and critical metal resources, extraction, beneficiation, and separation technologies. It aims to become a leading advanced technology company in the mining and mineral extraction industry, with plans to establish rare-earth processing facilities in the U.S., Canada, and Alaska to disrupt China’s control over the North American REE supply chain.
YTD Price Performance: 40.54%
Average Trading Volume: 48,244
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$73.52M
See more data about UCU stock on TipRanks’ Stock Analysis page.