Ucore Rare Metals Inc (UURAF)

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Ucore Joins National Mining Association; is Poised to Support the Biden Administration’s Efforts to Strengthen the Domestic Supply Chain for 50% U.S. Vehicle Electrification by 2030

HALIFAX, NOVA SCOTIA — August 11, 2021 — Ucore Rare Metals Inc. (“Ucore” or the “Company”) (TSXV:UCU) (OTCQX:UURAF) is pleased to announce that it has recently joined the National Mining Association (“NMA”) as the Company prepares to construct the Alaska Strategic Metals Complex (“Alaska SMC”) rare earth element (“REE”) processing facility by the end of 2023 and seeks to accelerate the long-term development of the Bokan-Dotson Ridge Rare Earth Element Project (“Bokan” or “Bokan Project”).

Rich Nolan, President and CEO of the National Mining Association stated: “For far too long the U.S. sat on the sidelines while China strategically built out production and processing capabilities that have resulted in almost total dominance of the rare earth supply chain. Ucore’s vision and plan show that need not be the case. With near-term plans for processing and production in Alaska in parallel to the long-term development of the Bokan Project, Ucore is a prime example of a company that can help ensure that ‘made in America’ also includes ‘processed in America,’ where we know projects will utilize our vast resources under world-leading environmental and labor standards. We are proud to have such an innovative and visionary company join our membership.”


Read at:
https://ucore.com/ucore-joins-national-mining-association-is-poised-to-support-the-biden-administrations-efforts-to-strengthen-the-domestic-supply-chain-for-50-u-s-vehicle-electrification-by-2030/