China’s monopoly over the global rare earth metal market is a consistent thorn in the side of the United States and other nations that share its interests. As the world transitions to renewable energy over the next few decades, experts worry that China’s dominance in the key rare earth metals supply chain will grant it unprecedented leverage over the U.S., its largest rival. Interestingly, a mineral that typically occurs in space may be the key to weaning the U.S. off of China and achieving some semblance of independence in the rare earth metal market.
Cambridge University Department of Materials Science & Metallurgy professor Linday Greer said in a 2022 statement that the environmental impact of…
NOTE TO INVESTORS: The latest news and updates relating to Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) are available in the company’s newsroom at http://ibn.fm/UURAF
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