REalloys Is Building The Largest Heavy Rare Earth Metallization Facility Outside Of China

REalloys is on a mission to change the future of domestic heavy rare earth metallization. Which is exactly why they’re embarking on building a historic new facility in North America.

What’s happening:

• REalloys (NASDAQ: ALOY) has publicly stated they are building out the largest heavy rare earth metallization facility in North America
  

Why it matters:‍

• The new facility is expected to be the single largest rare earth metallization facility outside of China that is capable of commercial scale operations and supplying the United States military with strategic rare earth stockpiles without any nexus to foreign countries or supply chain risks from non-allied nations
  

Going deeper:‍

• REalloys and the Saskatchewan Research Council are building the new rare earth metallization facility together as part of their partnership in which REalloys is receiving 80% of the Saskatchewan Research Council’s annual production and processing capacity of rare earth elements
  
• The equipment for REalloys’ new rare earth metallization facility will initially be built in Saskatoon and then is expected to be relocated to Ohio to be in closer proximity to American defense companies
  
• Realloys’ new facility is aiming to solve one of the biggest problems in the domestic rare earth supply chain, which is North American based metallization of dysprosium and terbium as they are both critical for producing neodymium-iron-boron magnets that are used in jet engines, hypersonic missiles, radar systems and other defense equipment
  
• REalloys has also publicly stated that completing the full build out of their new facility is expected to require approximately $40M USD in investment, which they are fully funded to do after successfully raising $50M USD in an equity financing round at $18.50 USD per share
  

The intrigue:‍

• The Pentagon's Defense Logistics Agency just recently awarded REalloys a new contract to design a modular plant to produce samarium and gadolinium metal, which are both highly critical inputs for permanent magnets that are used in defense and military equipment

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