Toronto, Feb 1, 2026, 12:53 EST — Market closed.
- On Friday, Ucore Rare Metals dropped 14.6% on the TSX Venture Exchange
- U.S. officials are set to hold allied discussions on stabilizing rare-earth prices next week
- Traders are watching for updates following the Jan. 31 debt and warrant deadlines highlighted in earlier disclosures
Ucore Rare Metals fell 14.6% Friday, closing at C$8.36 on the TSX Venture Exchange. The stock had gained early, hitting C$9.50 before sliding to a session low of C$8.28. (Investing)
The move matters because Washington is once again exploring ways to stabilize rare-earth prices — a factor that can make or break financing plans for smaller miners and potential processors. U.S. Under Secretary of State for Economic Affairs Jacob Helberg said officials plan to push for an agreement with allies on a pricing mechanism during next week’s meetings in Washington, describing it as an effort to “ensure price stability” for refiners and extractors. (Bloomberg)
Rare earths, essential in permanent magnets, electronics, and defense systems, often see volatile price swings. Numerous Western projects remain in the testing phase, struggling to compete with cheaper sources.
Friday’s decline marked the end of a volatile week for Ucore, which hit a peak of C$10.29 on Jan. 26 before retreating in the last days of the month, according to Yahoo Finance data. (Yahoo Finance)
On Friday, Ucore’s UURAF shares closed at $6.13 in U.S. over-the-counter trading, after swinging between $7.17 and $6.10, Yahoo Finance reports. (Yahoo Finance)
Ucore hasn’t updated its website with any new press releases since Jan. 15, so investors are left to watch sector news and adjust their positions heading into February. (Ucore Rare Metals)
Some investors are eyeing end-of-January deadlines noted in earlier filings. Ucore previously indicated certain convertible debentures mature on Jan. 31, 2026. The company also revealed warrants tied to revised debt deals that expire that same day. (Ucore Rare Metals)
The company announced plans for a rare-earth processing plant in Louisiana, employing its RapidSX separation technology. It frames the project as a move to boost non-China processing capacity. (Ucore Rare Metals)
Still, plenty can derail the process. Setting up any cross-border “pricing mechanism” might take longer than expected, face political pushback, or hit budget constraints. For early-stage firms, those delays are costly—they need capital and clear agreements with customers and governments to move forward.
On Monday (Feb. 2), eyes will be on Ucore to see if it steadies after Friday’s drop, with traders also looking out for updates on the late-January debt and warrant deadlines. Washington’s allied talks on rare-earth pricing could add to the news flow.
