NetworkNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Focused on Recreating Mid-Market REE Supply Chain in North America

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is engaged in the exploration for and separation and scalable production of rare earth elements (“REEs”) in Canada and the U.S. The company is out to ensure that China’s dominance in REE production and processing does not leave vulnerable those North American companies that are particularly reliant on critical rare earth elements. “This comes at a timely juncture, especially considering the degrading China-U.S. relationship. To achieve this, Ucore is looking at the means of REE processing used in China and trying to find better ways to do that in North America, thereby taking back control of the supply chain. According to the company’s November 2022 investor presentation, the REE supply chain comprises three main segments – the upstream, midstream, and downstream – with each made up of two supply nodes. The upstream consists of REE ore and REE mineral concentrate production, the midstream features the production of REE chemical concentrate and REE oxides, and the downstream is made up of the manufacturing/production of REE metals and alloys and REE-based magnets and components,” a recent article reads. “Ucore is focused on finding U.S.-allied friendly feedstocks to the left – upstream – [processing the feedstocks], and then feeding them into customers downstream that want to find an ex-China solution to be able to make things work for them. That mid-market is where China has taken control. That’s where Ucore will make a difference… We are taking advantage of recreating the mid-market in North America, which is crucial to recreating the supply chain,” Ucore CEO and Chairman Pat Ryan is quoted as saying. To view the full article, visit https://nnw.fm/1KNDT About Ucore Rare Metals Inc. Ucore is focused on rare- and critical-metal resources, extraction, beneficiation, and separation technologies with the potential for production, growth and scalability. Ucore has an effective 100% ownership stake in the Bokan-Dotson Ridge Rare Earth Element Project in Southeast Alaska, USA. Ucore’s vision and plan is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry. Through strategic partnerships, this plan includes disrupting the People’s Republic of China’s control of the North American REE supply chain through the near-term development of a heavy and light rare-earth processing facility in the U.S. state of Louisiana, subsequent SMCs in Alaska and Canada and the longer-term development of Ucore’s heavy-rare-earth-element mineral-resource property at Bokan Mountain on Prince of Wales Island, Alaska. Ucore is listed on the TSXV under the trading symbol UCU and in the United States on the OTC Markets’ OTCQX(R) Best Market under the ticker symbol UURAF. For further information, please visit https://ucore.com/corporateupdate. NOTE TO INVESTORS: The latest news and updates relating to XPHYF are available in the company’s newsroom at https://nnw.fm/UURAF About NetworkNewsWire NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge. To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only) For more information please visit https://www.networknewswire.com Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer NetworkNewsWire (NNW) New York, New York www.networknewswire.com 212.418.1217 Office Editor@NetworkNewsWire.com NetworkNewsWire is part of the InvestorBrandNetwork.