Global Trade Alert
Global Trade Alert

Canada: Government announced CAD 36.3 million in federal funding for Ucore's rare earth processing facility

Announcement

31 Oct 2025

In October 2025, the government of Canada announced CAD 36.3 (USD 25.8) million in federal funding for Ucore Rare Metals Inc for its “Pathway to Samarium and Gadolinium Security” project.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

31 Oct 2025

Revocation date:

No revocation date

Updated: 03 Nov 2025
Financial grant In force
On 31 October 2025, Natural Resources Canada (NRCan), under its Global Partnerships Initiative (GPI), conditionally approved a non-repayable contribution of up to CAD 36.3 (USD 25.82) million to Ucore...
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