EUCLID, Ohio, May 21, 2026 (GLOBE NEWSWIRE) — REalloys Inc. (NASDAQ: ALOY) (“REalloys” or the “Company”) today announced that it has entered into a definitive long-term rare earth product offtake agreement (the “Offtake Agreement”) with Critical Metals Corp. (NASDAQ: CRML) (“CRML”) covering 15% of monthly Phase 1 production from CRML’s Tanbreez Project in southern Greenland, subject to a ±5% per-delivery operational variance. The Offtake Agreement was executed on May 20, 2026 and replaces and supersedes the non-binding letter of intent previously announced by the parties.
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Brief Summary
REalloys Inc. has taken a significant step by securing a definitive long-term offtake agreement with Critical Metals Corp. This agreement covers 15% of monthly Phase 1 production from the Tanbreez Project. The deal was formally executed on May 20, 2026, reinforcing the partnership between these companies.
- Operational Variance: ±5% per delivery.
- Significant Partnership: A move to enhance supply chain reliability.
- Market Impact: Expected positive implications for both companies’ stock value.
Why it matters: This agreement strengthens REalloys’ position in the rare earth market, providing stability and growth potential for stakeholders.
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