Ucore Rare Metals partners with Sumitomo Corp of Americas on rare earth supply chain cooperation

  • Ucore entered a strategic cooperation framework with Sumitomo Corporation of Americas, signed June 10, 2026, to build a diversified rare earth supply chain.
  • Partnership targets sourcing feedstock for Ucore’s planned Louisiana Strategic Metals Complex, supporting development of its RapidSX technology platform.
  • Sumitomo unit to act as distribution partner for designated separated rare earth products into selected customer segments in Japan.
  • Collaboration also covers downstream offtake development for separated rare earth products, with a focus on select middle and heavy rare earths.
  • Companies plan to cooperate as project partners in Ucore’s Global Partnership Initiative with the Government of Canada.


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