Ucore Rare Metals (TSE:UCU) has released an update.
Ucore Rare Metals Inc. has forged a partnership with Cyclic Materials, signing an MOU for the future supply of recycled mixed rare earth oxides to support its rare earth demonstration program in Ontario and potentially feed its future commercial plants in North America. The collaboration, backed by a $4.28 million contribution from Canada’s Critical Minerals Research, Development and Demonstration Program, aims to bolster the domestic supply chain for critical rare earth elements.
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