by Brian Sylvester
The Gold Report
The U.S. Department of Defense has made a bold move to support a North American rare earth element project, and it’s made waves in the market. In this exclusive interview with The Critical Metals Report, Jeb Handwerger, editor of Gold Stock Trades, explains what this means for investors and what companies may be the sector’s next big success stories.
The Critical Metals Report: Jeb, the U.S. Department of Defense (DOD) recently took the unusual step of contracting with Ucore Rare Metals Inc. (UCU:TSX.V; UURAF:OTCQX) to conduct a mineralogical and metallurgical study on the company’s Bokan Mountain heavy rare earth element (HREE) property in Southern Alaska. Tell our readers why that matters.
Jeb Handwerger: It matters because the DOD is now a huge potential partner for Ucore. After researching and studying all domestic rare earth element (REE) assets, it identified the company’s Bokan Mountain project as the key HREE resource. It put a stamp of approval and credibility on Ucore as the primary resource for its domestic supply chain.