EUCLID, Ohio, May 28, 2026 (GLOBE NEWSWIRE) — REalloys Inc. (Nasdaq: ALOY) (“REalloys” or the “Company”), a vertically integrated U.S. rare earth processing and magnet supply chain company, today announced the execution of a non-binding Memorandum of Understanding (“MOU”) with Ramaco Resources, Inc. (“Ramaco”) to evaluate a strategic long-term partnership for the supply and commercialization of rare earth and critical mineral products from Ramaco’s Brook Mine operation in Wyoming. Pursuant to the terms of the non-binding MOU, REalloys and Ramaco expect to collaborate on metallurgical testing, product qualification, and commercial evaluation of mixed rare earth carbonate (“MREC”) and scandium oxide produced from Ramaco’s Brook Mine rare earth platform.
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Brief Summary
In a significant move for the U.S. rare earth industry, REalloys Inc. (Nasdaq: ALOY) has announced a non-binding MOU with Ramaco Resources, Inc.. This partnership aims to bolster the supply and commercialization of rare earth and critical minerals from Ramaco’s Brook Mine in Wyoming.
- Strategic collaboration to enhance rare earth production
- Joint metallurgical testing initiatives underway
- Focus on product qualification of MREC and scandium oxide
- Potential long-term benefits for both companies
Why it matters: This MOU could pave the way for sustainable domestic sourcing of rare earth elements, critical for tech and green energy sectors.
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