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Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Among Companies Leading Charge to Abate Reliance on Chinese Tech Metals Amid Ongoing Trade War

  • The United States and other Western nations have been embroiled in trade tensions with China since 2018 as a consequence of China’s efforts to control its industries’ exports of metals critical to modern digital and green technologies
  • China imposed new licensing controls on the exports of the metals gallium and germanium that it processes, prompting fresh concerns about China’s ability to choke resources to the global market it supplies
  • Ucore Rare Metals is a supply chain innovator dedicated to increasing American production of critical metals in order to reduce reliance on trade with China
  • Ucore’s proprietary RapidSX(TM) processing solution for select rare earth elements (“REEs”) is being developed as a means of sustaining domestic REE production for applications ranging from electric vehicle batteries to national defense weaponry

Restrictions imposed earlier this month by The People’s Republic of China on the export of two semiconductor metals represent the latest flashpoint in the years-long trade and technology war between the Asian nation and the United States and, in its development, a rationale for American production of resources critical to modern technology manufacturing.

Some Western pundits have scarlet-lettered China’s requirement that exporters of gallium and germanium get authorization through a government license before shipping those metals out of country, branding it as an unfaithful act of retaliation (https://ibn.fm/RDAOe). China, sensitive to the…

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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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