Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) has commented on recent sharp price increases and widening pricing disparities between China and ex-China markets for key heavy rare earth elements. The price surge follows China’s April 4, 2025 export controls, with dysprosium oxide exceeding $200/kg in China and $1,000/kg outside China, and terbium oxide reaching $900/kg in China and more than $4,500/kg ex-China. Gains were also noted in praseodymium-neodymium oxide. The company stated that this pricing bifurcation underscores the importance of developing a secure North American midstream refining supply chain centered on its RapidSX™ technology and planned Louisiana Strategic Metals Complex.
According to the press release, Ucore also announced it ranked second overall on the 2026 TSX Venture 50, supported by a 1,109% increase in market capitalization over the past year. The TSX Venture 50 is a ranking of the top-performing companies on the TSX Venture Exchange based on market capitalization growth, share price appreciation, and trading volume.
Ucore is focused on rare- and critical-metal resources, extraction, beneficiation, and separation technologies. The company’s vision is to become a leading advanced technology company providing metal separation products and services to the mining and mineral extraction industry. Through strategic partnerships, Ucore plans to disrupt the People’s Republic of China’s control of the North American rare earth element (REE) supply chain by developing a heavy and light rare-earth processing facility in Louisiana, with subsequent strategic metals complexes in Canada and Alaska, and the long-term development of its 100% controlled Bokan-Dotson Ridge Rare Heavy REE Project in Southeast Alaska.
The recent price movements highlight the geopolitical risks associated with rare earth supply. China dominates global rare earth production and refining, and export controls can significantly impact prices outside China. For companies like Ucore, this creates an opportunity to establish alternative supply chains. The company’s RapidSX™ technology is designed to efficiently separate rare earth elements, and the Louisiana facility aims to process materials from various sources, including its own Bokan project and third-party feedstocks.
Ucore is listed on the TSXV under the symbol “UCU” and on the OTCQX Best Market under “UURAF.” The full press release is available at https://ibn.fm/daRlV. For more information, visit the company’s website at www.ucore.com and newsroom at https://ibn.fm/UURAF.
