Ucore Secures Greenland Rare Earth Supply to Bolster North American Critical Minerals Independence

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) has entered into a significant agreement with Critical Metals Corp. to secure up to 10,000 metric tons annually of heavy rare earth concentrate beginning in 2027. This strategic sourcing arrangement will provide reliable feedstock for Ucore's Department of Defense-supported Strategic Metals Complex currently under development in Louisiana. The partnership represents a crucial step toward establishing a fully integrated North American rare earth supply chain independent of Chinese dominance in this critical sector.

The agreement centers on Greenland's Tanbreez Project, recognized as one of the world's largest undeveloped rare earth resources. This massive deposit will supply the heavy rare earth concentrate needed to fuel Ucore's proprietary RapidSX(TM) separation technology. The timing coincides with rapidly growing global demand for rare earth elements, particularly dysprosium and terbium, which are essential components in electric vehicle motors, wind turbine generators, and advanced defense technologies. Current market dynamics show China controlling approximately 80% of global rare earth production and nearly 90% of separation capacity, creating significant supply chain vulnerabilities for Western nations.

Ucore's strategic approach combines access to substantial mineral resources with advanced processing technology to create a comprehensive solution to North America's rare earth dependency. The company's vision includes disrupting China's control over the North American REE supply chain through the near-term development of its Louisiana processing facility, with subsequent strategic metals complexes planned for Canada and Alaska. The long-term development strategy also includes Ucore's 100% controlled Bokan-Dotson Ridge Rare Heavy REE Project on Prince of Wales Island in Southeast Alaska. For more information about the company's comprehensive approach, visit https://www.Ucore.com.

The implications of this supply agreement extend beyond corporate strategy to encompass national security and technological sovereignty. By establishing a secure North American supply chain for heavy rare earth elements, the partnership addresses critical vulnerabilities in defense manufacturing and clean energy technology production. The Department of Defense backing of Ucore's Louisiana facility underscores the strategic importance of domestic rare earth processing capabilities. This development comes as global competition for critical minerals intensifies, with nations recognizing that control over these resources translates to technological and economic advantage in the 21st century.

The successful implementation of this agreement could fundamentally reshape global rare earth markets by providing Western manufacturers with a reliable alternative to Chinese suppliers. For industries ranging from automotive to aerospace and renewable energy, access to stable rare earth supplies represents a crucial competitive advantage. The partnership between Ucore and Critical Metals Corp. demonstrates how strategic resource development combined with advanced processing technology can create resilient supply chains capable of supporting the transition to clean energy and maintaining technological leadership in an increasingly competitive global landscape.