Ucore Advances RapidSX to Commercial Rare-Earth Production
China | United States | Australia | Canada
The Kingston, Ontario demo plant has run for thousands of hours and processed more than four tonnes of mixed rare earth feed, giving the company confidence in scale-up. RapidSX is presented as an environmentally friendlier, adaptable platform that accelerates key chemical reactions roughly threefold, improves purity and lowers operating costs.
Ucore plans a staged commissioning of its Strategic Metals Complex in Louisiana, targeting 2,000 tonnes per annum (tpa) in Q4 2025, rising to about 5,000 tpa in 2026 and a potential 7,500 tpa in 2027. At current prices the company estimates roughly $500 million in near-term top-line opportunity.
The business case rests on reducing dependence on China for rare earth oxides and downstream magnet supply. Technical partners include Kingston Processing Metallurgy (KPM) and a 52-stage RapidSX commercial demonstration plant is under development.
Recent corporate milestones cited by the company include strategic alliances with Vacuumschmelze and eVAC Magnetics, conditional Canadian funding approval up to $36.3 million, and a heads-of-agreement to secure Yangibana feedstock.