Ottawa backs RapidSX rare earths plant

Ucore is awarded C$4.3 million to produce magnet REEs for EVs and other high-tech uses at its demo plant in Ontario.

To support the commercialization of a technology poised to help break North America's dependence on China for rare earths critical to the clean energy and technology sectors, the Canadian government has awarded Ucore Rare Metals Inc. C$4.28 million (US$3.1 million) to demonstrate th...