Ucore and Vulcan Elements Join Forces to Build Domestic Rare Earth Magnet Supply Chain for Defense and Commercial Applications

Ucore highlights: Ucore and Vulcan Elements executed a Memorandum of Understanding to build a domestic, secure rare earth magnet supply chain for defense and commercial applications. Ucore will provide initial NdPr and Dy oxide samples to Vulcan this year, leading to a long-term commercial supply agreement beginning in 2027.