Ucore Rare Metals Inc. · TSXV:UCU
Ucore Rare Metals — Investor Presentation (May 2026)
14 slides from Ucore Rare Metals's investor presentation, May 2026
Slide 1: Investor Presentation
TSXV: UCU | OTCQX:UURAF | ucore.com Investor Presentation May 2026
Slide 2: Cautionary Notes & Disclaimers
© 2026 – Ucore Rare Metals Inc. CAUTIONARY NOTES & DISCLAIMERS This presentation includes certain statements that may be deemed “forward-looking statements”. All statements in this presentation (other than statements of historical facts) that address future business development, technological develo
Slide 3: Rare Earth Element Permanent Magnets
RARE EARTH ELEMENT PERMANENT MAGNETS © 2026 – Ucore Rare Metals Inc. ucore.com Rare Earth Permanent Magnets are the most efficient means of converting electrical energy to mechanical energy and deliver undisputedly best-in-class EV performance. They are the most dependable/durable and also dominant
Slide 4: Rare Earths – The World Is Finally Noticing
RARE EARTHS – THE WORLD IS FINALLY NOTICING © 2026 – Ucore Rare Metals Inc. ucore.com TSXV:UCU | OTCQX: UURAF “There is no rare earth. There is rare processing” – Donald Trump 44
Slide 5: Rare Earth Prices – PrNd Oxide/tonne
RARE EARTH PRICES – PrNd Oxide/tonne © 2026 – Ucore Rare Metals Inc. PrNd Oxide/ tonne $140,000 $135,000 $120,000 $70,000 $100,000 $90,000 $80,000 ucore.com $60,000 $40,000 $20,000 $- Jul-25 Aug-25 Sep-25 TSXV:UCU | OTCQX: UURAF Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 China Europe 55
Slide 6: Rare Earth Prices – Dy Oxide/tonne
RARE EARTH PRICES – Dy Oxide/ tonne © 2026 – Ucore Rare Metals Inc. Dy Oxide/ tonne $1,400,000 $1,200,000 $1,250,000 $850,000 $1,000,000 $1,050,000 $800,000 ucore.com $600,000 $400,000 $200,000 $- Jul-25 Aug-25 Sep-25 TSXV:UCU | OTCQX: UURAF Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 China Europe 66
Slide 7: China's Dominance in the Critical Minerals Space
CHINA’S DOMINANCE IN THE CRITICAL MINERALS SPACE © 2026 – Ucore Rare Metals Inc. China has multiple channels of attack in the event of trade wars on its high-tech industries ucore.com TSXV:UCU | OTCQX: UURAF 7
Slide 8: Processing - A True Challenge and Opportunity
PROCESSING - A TRUE CHALLENGE AND OPPORTUNITY © 2026 – Ucore Rare Metals Inc. Ucore’s Role in a North American REE Supply Chain : Upstream Initial SMC Midstream Focus Downstream ucore.com Mineral Concentrate Chemical Concentrate Mine Individual Magnets / (Carbonate) Metals/Alloys Rare Earths Other C
Slide 9: RapidSX Technology
RAPIDSX TECHNOLOGY © 2026 – Ucore Rare Metals Inc. RapidSX is a Transformative REE Separation Technology Key Advantages vs. Conventional SX Columns Utilizes up to 70% Less Floor Space Significant Reduction in CAPEX & Physical/Environmental Footprint ucore.com Up to 3-7X Faster Throughput Significant
Slide 10: The SMC Business Model
THE SMC BUSINESS MODEL © 2026 – Ucore Rare Metals Inc. Multiple Planned Strategic Metals Complex Facilities with SMC No. 1 Developed in Louisiana ucore.com Production Summary: • SMC production process will commence after the installation of (3) RapidSX Machines focused on early Tb & Dy production. T
Slide 11: Strategic US Government Support – SMC #1
STRATEGIC US GOVERNMENT SUPPORT – SMC #1 © 2026 – Ucore Rare Metals Inc. USD $22.4M Agreement with US DOW The aim of thisUS $22.4M funding is to construct the first production-ready, commercial RapidSX machine and supporting infrastructure at Ucore’s planned Strategic Metals Complex (SMC) in Alexand
Slide 12: Additional Canadian Government Support – SMC #2
ADDITIONAL CANADIAN GOVERNMENT SUPPORT – SMC #2 © 2026 – Ucore Rare Metals Inc. Government of Canada - $ 40.6 M • $4.3 M Funding agreement from the Government of Canada for the demonstration of Ucore’s RapidSX Rare Earth Element Separation Technology Capabilities ucore.com • $26.3 M Through Natural
Slide 13: Ucore - Rare Earth Supply Chain Restructuring
UCORE - RARE EARTH SUPPLY CHAIN RESTRUCTURING © 2026 – Ucore Rare Metals Inc. “Right Place. Right Time.” • RapidSX Proprietary Technology – Enables Significant Margin Capture with Reduced Feedstock Dependence and a Nimble Competitive Advantage. • Unprecedented Government Support and Policy Convergen
Slide 14: Peter Manuel
Peter Manuel Vice President & CFO peter@ucore.com