Ucore Rare Metals Inc. is a development-stage company focused on the exploration, extraction and separation of rare earth elements (REEs) critical to the manufacture of high-performance magnets and advanced technologies. Headquartered in Toronto, Ontario, Ucore operates its primary project at the Heavy Rare Earths Project (HREE) in Southeast Alaska, where the company is advancing feasibility studies and pilot-scale demonstrations of its proprietary separation technology. Through its wholly owned subsidiary, Ucore Rare Metals Inc. seeks to secure a stable supply of dysprosium, terbium, neodymium and other heavy and light rare earth oxides for end-users in the automotive, defence and clean-energy sectors.
Central to Ucore’s value proposition is the development of its groundbreaking Medallion™ Separator, a sustainable and modular system designed to reduce the reliance on solvent-based extraction techniques. The Medallion™ Separator employs a patented ion exchange resin process to increase purity levels while minimizing waste and environmental impact. In parallel, the company pursues strategic partnerships and off-take agreements to integrate vertically across the supply chain, from mining activities in Alaska to downstream processing facilities in North America and Europe. This integrated approach positions Ucore as a potential cornerstone supplier in the emerging green economy.
Ucore’s leadership team brings extensive experience in mining operations, metallurgy and project financing. Chairman and CEO Pat Ryan leads a management group that includes industry veterans in chemical engineering and environmental permitting. The board’s expertise spans corporate governance, technical development and indigenous relations, reflecting the company’s commitment to responsible resource development and community engagement. As global demand for rare earth elements intensifies, Ucore Rare Metals continues to advance its technologies and development milestones, aiming to fill critical gaps in Western-controlled supply chains.
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