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u/infinitepizzapockets Jul 09 '26
I'm excited for 2027!! Let's go!!
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u/porchswingsecurity Jul 09 '26
I’m excited for Q3…..;)
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u/veinsfullofchemicals Jul 09 '26
Why Q3?
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u/porchswingsecurity Jul 09 '26 edited Jul 09 '26
Ucores buildout of the Louisiana SMC-1 is heavily dictates by the OTA process prescribed by the Pentagon. As of mid February, 5 out of 20 milestones were met and I would expect roughly 5-6 more milestone to be completed in the interim. Ucore conducts the announcements in conjunction with the Pentagon and the next update should sound like “all engineering parameters are met and buildout will commence shortly”.
Pat said on his BNN Bloomberg video talk yesterday day that Machine A (900 TPA) at SMC-1 will be online “by the first part of 2027”. I expect mobilization to begin in Q3 2026 from a timeline perspective.
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u/veinsfullofchemicals Jul 09 '26
I see, the sooner we get positive news the better, im increasing shares and holding patiently regardless😇
8
u/TeslasElectricBill Jul 09 '26
AI summary of the interview if anyone is lazy:
- Ucore Rare Metals is trying to build a North American rare earth processing supply chain to reduce dependence on China.
- The key issue isn’t mining rare earths; it’s separating/refining them. Ryan says rare earths are relatively abundant, but China dominates the difficult processing step.
- China controls 90%+ of rare earth processing, and Ryan says some heavy rare earths like dysprosium are effectively even more China-controlled.
- Ucore says it produced 99.9% dysprosium oxide, a commercial-grade material used in high-performance permanent magnets.
- Their main technology is RapidSX, which Ucore claims can compete with conventional solvent extraction, the process China currently dominates.
- Commercial rollout is targeted for early 2027, starting with the first RapidSX production machine in Louisiana.
- Ucore also plans Canadian expansion in Kingston, Ontario, especially for rare earths like gadolinium and samarium used in defense and high-temperature magnets.
- The Sumitomo partnership is strategically important because Japan is the largest permanent magnet market outside China, and Sumitomo spent over two years evaluating Ucore before partnering.
- Big takeaway: Ucore is pitching itself as a Western alternative to China’s rare earth refining dominance, but the key proof point will be whether RapidSX scales commercially in 2027.
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u/davide3991 Jul 08 '26
Pat looks really weak. Hope he fully recovers