MiningNewsBreaks — Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Responding with Innovation to Demand for Domestic REE Processing

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) CEO and Chairman Pat Ryan recently presented at the Critical Minerals Institute Summit II, where he discussed the risk mitigation strategies Western countries could execute to disrupt China’s dominance in the rare earth elements (“REE”) space. “Ryan’s speech, titled ‘Risk Mitigating for a North American Rare Earth Supply,’ centered around an entrepreneurial theme that has long guided the operations of Ucore: identify demand and then respond with innovation. On its part, Ucore, a company engaged in the exploration for and separation and scalable production of REEs in Canada and the U.S., identified the need and demand for U.S.-based REE refining and processing facilities and has been focusing on developing, upscaling and commercializing RapidSX(TM), its transformative advanced column-based solvent extraction technique for separating both light and heavy REEs,” a recent article reads. “Ucore is commissioning its 52-stage RapidSX(TM) Demonstration Plant in Kingston, Ontario, announcing June 29 the acquisition of its third feedstock, made up of mixed light REE chemical concentrate, for commissioning trials.”

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About Ucore Rare Metals Inc.

Ucore is focused on rare- and critical-metal resources, extraction, beneficiation and separation technologies with the potential for production, growth and scalability. Ucore’s vision and plan 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, this plan includes disrupting the People’s Republic of China’s control of the North American REE supply chain through the near-term development of a heavy and light rare-earth processing facility in the U.S. state of Louisiana, subsequent 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, USA. 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/corporateupdate.

NOTE TO INVESTORS: The latest news and updates relating to UURAF are available in the company’s newsroom at https://ibn.fm/UURAF

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