Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) has 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 that dysprosium oxide exceeded $200/kg in China and $1,000/kg outside China, while terbium oxide reached $900/kg in China and more than $4,500/kg ex-China. Praseodymium-neodymium oxide also saw gains. According to Ucore, this 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.
In addition to the price surge, Ucore 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. The recognition highlights the company's growth and potential in the rare earth sector. Ucore is focused on rare- and critical-metal resources, extraction, beneficiation, and separation technologies, with a vision to become a leading advanced technology company providing metal separation products and services.
The company's plan includes disrupting the People's Republic of China's control of the North American rare earth element (REE) supply chain through the near-term development of a heavy and light rare-earth processing facility in Louisiana, followed by subsequent strategic metals complexes in Canada and Alaska. Longer-term, Ucore aims to develop 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 symbol "UCU" and on the OTC Markets' OTCQX Best Market under "UURAF." For further information, visit the company's website at www.ucore.com. The latest news and updates are available in the company's newsroom at https://ibn.fm/UURAF.
The full press release can be viewed at https://ibn.fm/daRlV.
