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, following China's April 4, 2025 export controls. The company noted that dysprosium oxide exceeded $200 per kilogram in China and $1,000 per kilogram outside China, while terbium oxide reached $900 per kilogram in China and more than $4,500 per kilogram ex-China. Additionally, praseodymium-neodymium oxide saw gains. Ucore stated that this pricing bifurcation underscores the importance of developing a secure North American midstream refining supply chain centered on its RapidSX(TM) technology and planned Louisiana Strategic Metals Complex.
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 company is focused on rare- and critical-metal resources, extraction, beneficiation, and separation technologies, with a vision to become a leading advanced technology company providing metal separation products and services. Through strategic partnerships, Ucore aims to disrupt the People's Republic of China's control of the North American rare earth element supply chain by developing a heavy and light rare-earth processing facility in Louisiana, 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.
For further information, visit www.ucore.com. The latest news and updates relating to UURAF are available in the company's newsroom at https://ibn.fm/UURAF.
