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Louisiana offers Ucore $9.6M for rare earths plant

THE US state of Louisiana has offered Ucore Rare Metals a US$9.6 million package of tax incentives and payroll rebates over the first 10 years of operation if it builds its first rare earth element separation facility there.

Louisiana offers Ucore $9.6M for rare earths plant Louisiana offers Ucore $9.6M for rare earths plant Louisiana offers Ucore $9.6M for rare earths plant Louisiana offers Ucore $9.6M for rare earths plant Louisiana offers Ucore $9.6M for rare earths plant

Ucore looks to 2024 production

Ucore's board has agreed to commit the company to establishing its first strategic metals complex in Louisiana. That plant is expected to cost $55 million to build.