Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) commented on recent sharp price increases and widening pricing disparities between China and ex-China markets for key heavy rare earth elements following China’s April 4, 2025 export controls. The company noted dysprosium oxide exceeding $200 per kilogram in China and $1,000 per kilogram outside China, while terbium oxide reached $900 per kilogram in China and more than $4,500 per kilogram ex-China. Praseodymium-neodymium oxide also saw gains. The pricing bifurcation underscores the importance of developing a secure North American midstream refining supply chain centered on Ucore's RapidSX technology and planned Louisiana Strategic Metals Complex.
Ucore further announced it ranked second overall on the 2026 TSX Venture 50, supported by a 1,109% increase in market capitalization over the past year. The company is focused on rare- and critical-metal resources, extraction, beneficiation, and separation technologies with the potential for production, growth, and scalability. Its 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 rare earth element (REE) supply chain. This includes the near-term development of a heavy and light rare-earth processing facility in Louisiana, subsequent Strategic Metals Complexes (SMCs) in Canada and Alaska, and the longer-term development of Ucore’s 100% controlled Bokan-Dotson Ridge Rare Heavy REE Project on Prince of Wales Island in Southeast Alaska.
The full press release is available at https://ibn.fm/daRlV. For more information about Ucore, visit www.ucore.com. The latest news and updates relating to UURAF are available in the company’s newsroom at https://ibn.fm/UURAF.
