Ucore Rare Metals Inc (UURAF)

[BottomBounce]

When China announced the creation of a new state-owned enterprise China Rare Earth Group in January 2022, it caused tremors. The new 'megafirm' will control 60–70 per cent of Chinese rare earth production, which translates to 30–40 per cent of global supply. https://www.eastasiaforum.org/2022/03/30/chinese-rare-earth-consolidation-a-cause-for-concern/#:~:text=When%20China%20announced%20the%20creation,per%20cent%20of%20global%20supply. $UURAF