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REalloys Chosen For Landmark U.S. Army Program

REalloys China Just Cut 13

A Pentagon contract. Commercial production on the horizon. A proposed rare earth facility on an active U.S. Army base.

REalloys (NASDAQ:ALOY) is helping rebuild America's defense metals supply chain as the 2027 deadline approaches.2

Across the country, Americans are feeling the pressure of rising costs. Energy prices have been volatile. Gas costs more. Everything costs more. That pain is real.

But here’s what most Americans don’t realize. Gasoline has dozens of global suppliers. When one source gets disrupted, others fill the gap. Prices spike, then stabilize.

Rare earth magnet materials are different. There are few backup suppliers. 

If rare earth alloys alloy supply was severely disrupted, electronics and defense manufacturing could be significantly affected.

China accounts for more than 90% of global magnet rare earth separation and refining capacity.3 And it has already restricted exports of rare earth processing technology, equipment and expertise.4

And there’s a hard deadline coming.

On January 1, 2027, new U.S. defense procurement restrictions take effect. Under Section 857 of the FY2023 National Defense Authorization Act, the Department of War will be prohibited from procuring covered permanent magnets containing rare earths sourced from adversarial nations.5

Defense contractors will need compliant magnet supply chains free of adversarial-nation rare earths by that date.

Currently, that supply chain outside China is limited. China has come to dominate the magnet market.

The West largely shifted processing and production to China for rare earth magnets decades ago. The expertise left. The equipment left. The workforce left.

Mining is not the problem. The United States has rare earths in the ground.

What’s rare is the ability to process them.

President Trump put it bluntly at Davos:

“There’s no such thing as rare earth… there’s rare processing.”7

The chokepoint sits in the middle of the supply chain.

It’s the step where raw minerals get separated, purified, converted into metals then alloyed to exact specifications.

This is where the supply chain narrows. Rare earth magnet materials must perform the same way every time.

Same magnetic strength. Same thermal stability. Same behavior at extreme temperatures. Batch after batch. Year after year.

You cannot buy that capability off a shelf. It takes decades of accumulated knowledge.

Specialized furnaces. REalloys estimates a new competitor could need 3 to 7 years to build comparable alloy production from scratch.7

The demand outlook makes this supply constraint even more critical. Morgan Stanley’s research projects rare earth magnet demand will rise 3 to 5 times in this decade.8

Under high-adoption scenarios — factoring in EVs, robotics, physical AI defense platforms — demand could surge 40 to 50 times.9

Research and Markets, as reported by Business Wire forecasts over 7% annual growth through 2035.10 The market already tops $20 billion a year.11

The rare earth materials at the heart of it sit inside products and systems representing trillions. 13, 14, 15

Screens. Servers. Smartphones. The majority of modern technology either contains them or was built by machines that do. The rare earth materials are the invisible foundation. And one country controls almost all of it.

“The F-35, for instance, requires more than 900 pounds of rare earth elements. Each Arleigh Burke DDG-51 destroyer requires 5,200 pounds, and a Virginia class submarine needs 9,200 pounds.” 16
– U.S. Department of War

So who fills the gap?

REalloys, a company with operations in Euclid, Ohio, aims to be part of the answer.

REalloys Inc. (NASDAQ:ALOY) has been assembling the expertise, supply chain, and relationships it believes are needed to help rebuild North American heavy rare earth alloy production.

Selected By The U.S. Army For Exclusive Negotiations On An Active U.S. Army Base

REalloys China Just Cut 12

On June 25, 2026, REalloys announced that it had been selected by the U.S. Army for exclusive negotiations toward a long-term Enhanced Use Lease at Tooele Army Depot in Utah.

Under Executive Order 14241, four companies were selected to finance and operate critical mineral processing facilities on active U.S. military bases.

Only one was chosen to develop heavy rare earth processing capacity: REalloys (NASDAQ:ALOY).

The proposed site is Tooele Army Depot in Utah, where REalloys could establish a facility producing defense-grade dysprosium and terbium alloys for the Department of War.

Should the project proceed, development could begin as early as 2027, with operations targeted for 2028. 17

The facility would build on REalloys’ plans to establish one of North America’s first vertically integrated heavy rare earth platforms.

REalloys’ strategy is to give U.S. and allied customers a secure, transparent and traceable alternative located entirely in North America.

THE UPSTREAM:

REalloys holds a 100% interest in the exploration-stage Hoidas Lake rare earth project in Saskatchewan, which is supported by an S-K 1300 Technical Report Summary with a Mineral Resource Estimate of 711,000 tonnes measured at 1.858% TREO and 1,442,000 tonnes Indicated at 1.929% TREO (2,153,000 tonnes Measured and Indicated at 1.884% TREO). No Mineral Reserves have been established, and economic viability has not been demonstrated.

REalloys is working to secure feedstock through offtake agreements and development arrangements with allied and domestic suppliers.

These include a definitive long-term offtake agreement with Critical Metals Corp. covering 15% of monthly Phase 1 production from Greenland’s Tanbreez project – one of the world’s largest heavy rare earth deposits.18

New non-binding arrangements with U.S. Critical Materials, Ramaco Resources and Patriot Exploration & Mining could open additional sources of domestic feedstock as processing capacity expands.

THE MIDSTREAM:

A strategic partnership with the Saskatchewan Research Council (SRC), a Canadian provincial research and technology organization that operates one of the few heavy rare earth separation facilities outside China.

SRC developed proprietary processing technology, including an AI-enabled system that monitors thousands of data points around the clock to help produce high-purity rare earth oxides.

The facility is designed for zero liquid discharge, with technology to recover valuable materials from processing waste.

In exchange for funding the upgrade of SRC’s facility, REalloys (NASDAQ:ALOY) has secured an upfront allocation of 80% of the NdPr metal and dysprosium and terbium oxides produced at SRC’s Rare Earth Processing Facility, purchased at SRC’s cost of production plus an agreed margin, and a right of first refusal on uncommitted volumes.

THE DOWNSTREAM:

REalloys’ Euclid, Ohio facility provides a platform for producing the specialized heavy rare earth metals and alloys required for defense-grade magnets.

In July 2026, REalloys signed a non-binding letter of intent with South Korea’s JS Link, an established permanent magnet manufacturer. 19 The final link in the chain is now in motion – targeting finished magnet production in North America.

PRODUCTION CATALYSTS

  • Phase 1 begins early 2027 — with a capacity of approximately 525 tonnes of NdPr metal, 30 tonnes of dysprosium oxide and 15 tonnes of terbium oxide, of which REalloys has secured supply rights to approximately 80%. Separated material for potential customer qualification is targeted as early as Q4 2026, with commercial intake from SRC expected to commence in Q3 2027. REalloys’ planned Heavy Rare Earth Metallization Facility is targeted for commissioning in Q1 2028.
  • Phase 2 is a planned, wholly owned, larger-scale integrated separation and metallization facility with design targets of approximately 3,000 tonnes of NdPr metal, 200 tonnes of dysprosium metal and 45 tonnes of terbium metal annually, with initial operating capability targeted no later than 2030.

REalloys has committed approximately $58.3 million to fund the SRC facility upgrade and its Heavy Rare Earth Metallization projects through commissioning.20

China’s Export Controls Are Being Felt Across U.S. Technology And Defense Industries

REalloys China Just Cut 11

Elon Musk admitted it publicly. China’s rare earth export controls are already slowing production of Tesla’s Optimus robot. In his words:

Beijing is “requiring an export license to send out any items with magnets.” Tesla is “working through that with China.”21

Translation: the world’s most valuable automaker is waiting on a permission slip from Beijing to build its own products.

Tim Cook saw this coming. Apple spent $500 million on a deal with MP Materials to source American-made rare earth magnets, calling it a move to

“strengthen the supply of these vital materials here in the United States.” 22

But here’s what most investors missed: MP’s production has centered on light rare earths; its dysprosium and terbium circuit is still being commissioned.23 The heavy rare earth alloys that go into defense systems, high-performance motors, and the most demanding industrial applications remain in short supply outside China.

Jensen Huang flew to Beijing personally. Press reports linked the deal to resume Nvidia’s H20 chip sales to China was directly tied to rare earth access — the U.S. literally traded AI chips for magnets.24 That’s how critical the supply chain has become.

Jeff Bezos’s warehouse robots. Zuckerberg’s Quest headsets and data centers. Satya Nadella’s Azure cloud infrastructure. Sundar Pichai’s Waymo fleet. Every one of them depends on rare earth alloys.

The challenge isn’t simply finding rare earth materials. It’s building the industrial capacity, technical expertise, and relationships needed to produce them at scale.

That’s where REalloys (NASDAQ:ALOY) is positioning itself.

As the U.S. races to rebuild its heavy rare earth supply chain, REalloys has positioned itself to participate at nearly every stage of the process.

A Board and Advisory Team with Defense, Government and Industry Experience

Establishing critical materials capacity in North America requires coordination across defense, manufacturing, capital, and government. REalloys has structured its leadership accordingly.

REalloys v4 7

Stephen duMont, Chairman of the Board

As President of GM Defense and former senior executive at Raytheon, BAE Systems, and Boeing, duMont has operated inside the defense ecosystem at the highest levels. A former Army Apache pilot, he’s operated the systems REalloys ultimately aims to support.

REalloys v4 9

General Jack Keane, Non-Executive Director

A former four-star general and Vice Chief of Staff of the U.S. Army, Keane has advised multiple Secretaries of Defense and presidents on national security strategy. Keane also served as a member of the Board of Directors at MetLife and General Dynamics.

REalloys v4 6

David MacNaughton, Non-Executive Director

Former President of Palantir Canada and former Canadian Ambassador to the United States, MacNaughton brings international expertise. He negotiated at the highest levels during the USMCA period and understands how allied supply chains are structured, both politically and commercially.

REalloys Kasper

Joe Kasper, Chair of the Advisory Board

Former Chief of Staff to the U.S. Secretary of Defense, and until recently a Pentagon Special Government Employee focused on critical-material supply chains, Kasper has spent two decades across the Department of Defense, Homeland Security, and Capitol Hill.

Financing and Strategic Relationships:

REalloys China Just Cut 10
  • Japan Organization for Metals and Energy Security (JOGMEC) signed a non-binding memorandum of understanding (MOU) to develop, qualify and supply high-performance rare earth materials and magnets.
  • And in June 2026, REalloys closed a $100 million private placement providing the capital needed to execute its ambitious growth plans.25

The company was also formally added to the Russell 3000® Index — a milestone that increases its visibility among institutional investors.

But here’s the detail that matters most. The Euclid facility isn’t a plan. It’s operational and has supported multiple government-funded programs related to rare earth metals and magnet materials.

It is already performing under multiple U.S. Department of War and other government contracts.

That includes completed and ongoing work for the DoW and DOE — developing sintered magnets, rare earth metals alloys for defense applications.

Rare earth metals and magnet materials are being made at Euclid today. With the Department of War sourcing restrictions approaching, REalloys is actively pursuing additional government, defense and dual-use customer relationships.

7 Reasons to Add REalloys (NASDAQ:ALOY) To Your Watchlist

  1. A First-of-Its-Kind Army Partnership:

    REalloys has been selected for negotiations to establish the first commercial heavy rare earth processing operation on an active U.S. military installation.

  2. Mine-to-Magnet Platform:

    REalloys is assembling a platform spanning diversified feedstock, separation, metallization, alloying, and permanent magnet manufacturing—bringing together nearly every stage of the rare earth value chain.

  3. The 2027 Procurement Deadline:

    Federal restrictions on Chinese-sourced rare earth materials take effect January 1, 2027. REalloys expects qualification materials to be available in the fourth quarter of 2026, giving prospective customers time to validate supply ahead of the deadline.

  4. Diversified Feedstock:

    A multi-year Tanbreez offtake, the company-owned Hoidas Lake resource, and strategic agreements across Montana, Wyoming, Appalachia, Brazil, and Kazakhstan provide access to multiple long-term supply sources.

  5. Rising Demand for High-Performance Magnets:

    Global demand for rare earth magnets is projected to expand to a $59 billion market by 2030i.

  6. Defined Path to Commercial Production:

    Qualification materials expected in Q4 2026, initial commercial output targeted for early 2027, and dedicated dysprosium and terbium metal production expected by Q4 2027.

  7. Growing Institutional Profile:

    Inclusion in the Russell 3000® Index and approximately $150 million in recent financings have expanded REalloys’ visibility among institutional investors.

The Clock Is Ticking

REalloys China Just Cut 9

On January 1, 2027, Department of War sourcing restrictions on covered permanent magnets containing rare earths from adversarial nations take effect.26

Defense contractors will need compliant supply chains, especially for heavy rare earth materials. REalloys is working to become a North American supplier, with dysprosium and terbium metal output from its planned metallization facility targeted for the first half of 2028.

REalloys began trading on Nasdaq this year. The Company has a number of milestones ahead.

  • The 80% SRC supply allocation is expected to provide a contracted North American source of separated heavy rare earth material, with commercial intake expected to commence in Q3 2027.
  • The non-binding JOGMEC MOU may provide access to Japanese technology and resources.

A competitor starting today would need to secure non-Chinese heavy rare earth feedstock, build oxide-to-metal processing (a critical supply chain step concentrated in China) and achieve defense qualification, which takes years, not months. Industry participants estimate 3 to 7 years minimum.27

The deadline is January 1, 2027.

Learn more about REalloys (NASDAQ: ALOY), and read its SEC filings, including the risk factors, at www.sec.gov and www.REalloys.com.

To explore the company’s roadmap and progress in greater detail, visit the REalloys website.

For ongoing updates as development milestones are achieved, please subscribe with your email address below.

ihttps://www.army.mil/article/293503/army_announces_conditional_lease_awards_for_domestic_critical_mineral_processing_facilities_to_secure_defense_supply_chains
iihttps://www.army.mil/article/293503/army_announces_conditional_lease_awards_for_domestic_critical_mineral_processing_facilities_to_secure_defense_supply_chains
iiihttps://www.army.mil/article/293503/army_announces_conditional_lease_awards_for_domestic_critical_mineral_processing_facilities_to_secure_defense_supply_chains
ivhttps://sprott.com/media/dcnmlw0c/sprott_rare-earths-infographic-f35.pdf
vhttps://www.researchgate.net/publication/50384273_TERFENOL_D_A_HIGH_POWER_GIANT_MAGNETOSTRICTIVE_MATERIAL_FOR_SUBMARINE_MAPPING
vihttps://realloys.com/realloys-press-release/realloys-nasdaq-aloy-announces-landmark-partnership-agreement-with-the-united-states-army-armys-strategic-capital-initiatives-to-operate-processing-facilities-on-the-tooele-army-base-in/
viihttps://www.acquisition.gov/dfars/252.225-7052-restriction-acquisition-certain-magnets-tantalum-and-tungsten.
viiihttps://realloys.com/realloys-press-release/realloys-nasdaq-aloy-announces-landmark-partnership-agreement-with-the-united-states-army-armys-strategic-capital-initiatives-to-operate-processing-facilities-on-the-tooele-army-base-in/
ixhttps://realloys.com/realloys-press-release/realloys-nasdaq-aloy-announces-landmark-partnership-agreement-with-the-united-states-army-armys-strategic-capital-initiatives-to-operate-processing-facilities-on-the-tooele-army-base-in/
xhttps://realloys.com/realloys-press-release/u-s-defense-logistics-agency-awards-historic-contract-to-realloys-terves-llc-to-scale-domestic-rare-earth-metal-production/
xihttps://realloys.com/realloys-press-release/realloys-secures-200-million-letter-of-interest-from-u-s-exim-bank-to-advance-north-americas-first-fully-integrated-mine-to-magnet-supply-chain/
xiihttps://realloys.com/realloys-press-release/realloys-reports-progress-on-commercial-agreements-with-the-saskatchewan-research-council-exclusive-heavy-rare-earth-supply-chain-on-track-ahead-of-2027-statutory-deadline/
xiiihttps://realloys.com/realloys-press-release/realloys-nasdaq-aloy-announces-fully-financed-buildout-of-the-largest-heavy-rare-earth-metallization-facility-outside-china-in-partnership-with-the-saskatchewan-research-council/
xivhttps://realloys.com/media/REalloys_CIM_NC_Mar2026_v2.pdf
xvhttps://realloys.com/media/REalloys_CIM_NC_Mar2026_v2.pdf
xvihttps://www.precedenceresearch.com/ndfeb-permanent-magnets-market

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