02:40:16 EST Sat 07 Feb 2026
Enter Symbol
or Name
USA
CA



Ucore Rare Metals Inc (2)
Symbol UCU
Shares Issued 103,094,710
Close 2025-11-03 C$ 7.39
Market Cap C$ 761,869,907
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Globe says Ucore shows U.S. seizing opportunities

2025-11-03 06:55 ET - In the News

The Globe and Mail reports in its Monday edition that Canada's economy is enduring structural changes that are already turning Canada into America's poor cousin. Contributing columnist John Turley-Ewart writes that the federal budget is an opportunity to focus on transforming the economy by incentivizing productivity -- something Canadians control. Former member of Parliament Ryan Williams recently said Canada's digital economy "is booming," generating more than $100-billion in revenue a year, but "87 per cent of our innovation is foreign owned." U.S. entrepreneurs profit from our indifference while our wages and living standards whither. Ucore Rare Metals received $18-million (U.S.) from the Pentagon to build its first commercial plant in Louisiana, which will turn raw rare earths into oxides. Ucore boss Pat Ryan said: "We're looking at this as a Manhattan Project. You have got to move quickly to get this job done." The Louisiana plant is expected to be operational next year. While Canadian companies are securing tangible commitments from the U.S. government and investors, Ottawa is signing international agreements to open new markets for Canadian critical minerals that will materialize in some distant future.

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