Alexandria, Louisiana — According to state and local development sources, Ucore North America plans to invest $75,000,000.00 to build out new space in Alexandria. The company plans to occupy the new space at England Airpark in Alexandria, on or about March 1, 2025. According to the company website Ucore Rare Metals Inc. is a well-funded development-phase mining company focused on establishing rare metal resources with near term production potential. With multiple projects across North America, Ucores primary focus is the 100% owned Bokan Dotson Ridge REE property in Alaska. The Bokan Dotson ridge REE project is located 60 km southwest of Ketchikan, Alaska and 140 km northwest of Prince Rupert, British Columbia and has direct ocean access to the western seaboard and the Pacific Rim, a significant advantage in developing near term production facilities and limiting the capital costs associated with mine construction. The Bokan property is particularly enriched with heavy rare earth elements, including the critical elements Dysprosium, Terbium and Yttrium. Approximately 40% (by weight) of the rare earth elements contained on the Dotson Ridge property are heavy rare earths elements, as disclosed in the Companys NI43-101 compliant resource estimate, released in March of 2011.

To learn more about Ucore North America, visit http://ucore.com/

Company Contact:
Patrick Ryan, Chief Executive Officer
patrick@ucore.com
https://www.linkedin.com/in/pat-ryan-a2b50b1/
902-482-5214

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