ALOY News & Events

REalloys has been selected by the United States Army to enter into exclusive contract negotiations for a long-term Enhanced Use Lease to design, finance, build, and operate a critical-mineral processing facilities at the Tooele Army Depot located in Tooele, Utah. Under the contemplated definitive arrangement, REalloys is expected to establish domestic heavy rare earth processing capacity for heavy rare earth elements. The award is enacted through the Army's Strategic Capital Initiatives, an effort to partner with the private sector to accelerate enterprise-wide modernization. According to the Army, these awards mark the first time the Army has sited commercial mineral-processing facilities on American military installations.

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REalloys announced the signing of a non-binding letter of intent with Patriot Exploration & Mining. Patriot is a U.S.-based rare earth exploration and development company. The LOI establishes a framework under which REalloys could have priority access and preferential allocation rights to up to approximately 30% of the rare earth products produced from Patriot's U.S. operations, subject to the negotiation and execution of a definitive long-term offtake agreement. Patriot's above-ground, fully domestic brownfield resource base aims to deliver defense-grade rare earth material that REalloys' processing infrastructure is designed to separate, refine, and metallize. The LOI is the latest in a series of upstream supply relationships REalloys has established as it establishes a fully compliant, zero-adversary-nexus feedstock network ahead of the January 2027 statutory prohibition under 10 U.S.C. Section4872.