Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) has commented on the recent sharp price increases and widening pricing disparities between China and ex-China markets for key heavy rare earth elements. The company noted that dysprosium oxide has exceeded $200 per kilogram in China and $1,000 per kilogram outside China, while terbium oxide has reached $900 per kilogram in China and more than $4,500 per kilogram ex-China. Additionally, praseodymium-neodymium oxide has seen gains. These developments follow China's April 4, 2025 export controls.
The company stated that the pricing bifurcation underscores the importance of developing a secure North American midstream refining supply chain centered on its RapidSX(TM) technology and planned Louisiana Strategic Metals Complex. Ucore also announced that it ranked second overall on the 2026 TSX Venture 50, supported by a 1,109% increase in market capitalization over the past year.
For more details, visit the full press release at https://ibn.fm/daRlV.
Ucore Rare Metals Inc. is focused on rare- and critical-metal resources, extraction, beneficiation, and separation technologies with the potential for production, growth, and scalability. The company's vision is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry. Through strategic partnerships, Ucore aims to disrupt the People's Republic of China's control of the North American REE supply chain by developing a heavy and light rare-earth processing facility in the US State of Louisiana, subsequent SMCs 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.
Ucore is listed on the TSXV under the trading symbol "UCU" and in the United States on the OTC Markets' OTCQX(R) Best Market under the ticker symbol "UURAF." For further information, please visit www.ucore.com.
Investors can find the latest news and updates relating to UURAF in the company's newsroom at https://ibn.fm/UURAF.
