REalloys (NASDAQ: ALOY) Announces Fully Financed Buildout of the Largest Heavy Rare Earth Metallization Facility Outside China, in Partnership with the Saskatchewan Research Council

First operations expected in 1H 2027 from a fully financed, zero-China nexus facility, built to comply with 2027 U.S. defense procurement standards

Purpose built to supply the U.S. Defense Industrial Base and Defense Logistics Agency (DLA) national strategic rare earth stockpiles

Long term supply of heavy rare earth oxide feedstock secured through SRC’s first-of-its-kind commercial rare earth processing facility

BOCA RATON, MARCH 11, 2025 – PRISM MediaWire (Press Release Service – Press Release Distribution) – REalloys Inc. (NASDAQ: ALOY), (“REA” or the “Company”), a U.S.-based mine-to-magnet rare earth company, today announced plans to build the largest heavy rare earth metallization facility outside of China and the first commercial-scale operation capable of meeting 2027 U.S. defense procurement bans on Chinese sourcing.

The equipment for REalloys’ heavy rare earth metal facility (the “HREMF”) will be built in Saskatoon in partnership with the Saskatchewan Research Council (the “SRC”). Following commissioning and initial test runs, it is anticipated the HREMF equipment will be relocated to Ohio to better serve REalloys’ downstream U.S. defense industrial base customers and to supply U.S. Defense Logistics Agency (DLA) strategic rare earth stockpiles.

REalloys will own 100% of the HREMF. The platform will integrate with the Company’s current metallization operations in Euclid, Ohio, which represent the only heavy rare earth metallization capability currently operating in North America and anchor REalloys’ industry-leading rare earth intellectual property portfolio.

With initial operations currently targeted for early to mid 2027, and full commercial scale operations currently expected in mid-to-late 2027, the HREMF will represent the first and only commercial-scale heavy rare earth metallization platform with zero-Chinese nexus, coming online as U.S. defense procurement waivers permitting sourcing from non-allied nations expire and statutory restrictions take full effect. In a sector still defined by pilot projects and scale-up risk, this facility aims to resolve the industry’s core bottleneck: secure North American metallization of Dysprosium (Dy) and Terbium (Tb) for high-performance defense magnets.

This builds on the partnership REalloys and SRC first announced in December 2025, which will see REalloys invest in expanded production capacity at SRC’s Rare Earth Processing Facility (REPF) in Saskatoon, SK, in exchange for 80% of the facility’s output. Once in full operation, SRC’s REPF facility is anticipated to produce high-purity Neodymium-Praseodymium (NdPr) metal and Dy and Tb oxides, which will then be further processed and metallized at REalloys’ HREMF.

The Company believes that this alignment will assist in establishing a fully allied source of Dy and Tb metals for defense and advanced manufacturing supply chains servicing strategic and protected markets.

The project marks a pivotal step in creating North America’s first integrated heavy rare earth value chain, linking resource security and midstream processing in Canada with downstream metallization and manufacturing in the United States. SRC’s REPF, the first and largest commercial-scale rare earth processing facility in North America, provides the proven technical and operational base for this project, ensuring the Ohio facility moves directly into commercial production.

This initiative reflects a broader alignment between Canada and the United States under Title 50 and related defense production frameworks to secure critical materials within allied borders. With new procurement restrictions from non-allied nations (including China, Russia, Iran and North Korea) under 10 U.S.C. §4872 and DFARS 252.225-7052 set to take effect in 2027, the REalloys–SRC partnership delivers a compliant, zero-China nexus supply chain solution built on established infrastructure, advanced automation, and proven operating expertise.

The Company believes this integrated supply chain creates an unparalleled foundation that brings proven scale, capability, technical maturity, and operational readiness to an industry that is extremely vulnerable from a national security perspective. In a sector still dominated by projects facing permitting, financing, and technology risk, the Company believes that the REalloys–SRC collaboration stands apart as an established, fully aligned platform capable of meeting defense and industrial supply requirements across both nations on an accelerated timeline.

“The establishment of heavy rare earth metal production on U.S. soil is a defining moment for North American industrial strategy,” said Stephen duMont, Chairman of REalloys. “The Ohio facility will create the metallization capability that bridges Canadian oxide production with U.S. magnet manufacturing — a critical link that’s never existed at scale in the West. This is not a pilot plant; this will be full scale commercial capacity, built with zero Chinese nexus, AI-enabled process optimization, and full compliance with Title 50 defense sourcing requirements. This is how we rebuild supply sovereignty from the ground up.”

“The REalloys–SRC partnership demonstrates what coordinated innovation between public and private industry — and true strategic alignment between Canada and the United States — can achieve,” said Mike Crabtree, President and CEO of the Saskatchewan Research Council. “Together our teams have engineered every step of this value chain; from separation to metal production; to operate within allied borders and to world-class standards. This partnership with REalloys creates the Western hemisphere’s first end-to-end rare earth metal capability, powered by collaboration and stability, not dependency.”

The HREMF is currently expected to cost approximately $40 million and produce roughly 30 tonnes of dysprosium and 15 tonnes of terbium metal annually. With the completion of its recent $50 million financing, REalloys is currently fully funded to advance the buildout of the project.

About REalloys Inc.

REalloys Inc. is advancing a fully integrated North American mine-to-magnet supply chain encompassing upstream resource development, midstream processing, and downstream manufacturing. The company’s upstream foundation includes its Hoidas Lake rare-earth asset in Saskatchewan and a diversified network of allied feedstock and recycling partners. Together with the Saskatchewan Research Council (SRC), REAlloys is building a platform to scale North American midstream separation, refining, and metallization capabilities—creating a coordinated system that processes and converts rare-earth materials from allied and domestic sources into high-purity products. Those refined materials feed directly into REalloys’ downstream manufacturing operations in Euclid, Ohio, where the company produces advanced alloys and magnet components for defense, clean-energy, and high-performance industrial applications.

About the Saskatchewan Research Council (SRC)

SRC is Canada’s second largest research and technology organization. As a catalyst for innovation, SRC focuses on providing leading-edge services and solutions to the agriculture, energy, environment and mining industries with major projects in nuclear and rare earth elements. SRC is constructing North America’s first fully integrated commercial rare earth processing and metallization facility. With a workforce of more than 400 employees and nearly 80 years of applied research and development experience, SRC supports 1,400 clients in more than 15 countries. For more information, visit www.src.sk.ca

REalloys Inc.
Angela Gorman
Communications, REalloys
angela@amwpr.com
www.realloys.com

Safe Harbor Clause and Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of applicable securities laws, including the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding facility construction, commissioning and relocation timelines; anticipated commercial operations in early 2027; projected production capacity; expansion of heavy rare earth oxide and metal output; compliance with U.S. defense procurement requirements; supply chain integration; strategic positioning; customer demand; financing; regulatory approvals; and future operational or financial performance. Words such as “anticipate,” “believe,” “expect,” “intend,” “may,” “plan,” “potential,” “project,” “should,” “target,” “will,” and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements contain such words.

Forward-looking statements are based on current expectations, assumptions, and estimates and involve known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially from those anticipated. Such statements are inherently subject to significant risks and uncertainties, many of which are beyond the Company’s control. These statements are not guarantees of future performance, and actual results may differ materially from those expressed or implied.

Factors that could cause actual results to differ materially include, but are not limited to: the ability to complete construction, commissioning, and planned relocation of the facility on expected timelines or at anticipated cost; delays, cost overruns, or disruptions in engineering, procurement, construction, or equipment delivery; challenges associated with scaling metallization and processing technologies to sustained commercial production; feedstock availability and quality; supply chain constraints, logistics disruptions, or equipment shortages; dependence on third-party partners and suppliers; permitting, environmental, zoning, and regulatory approvals; changes in defense procurement regulations, enforcement, waiver extensions, or policy implementation timing; the availability and terms of financing; inflationary pressures, capital cost escalation, or labor cost increases; workforce availability and retention; fluctuations in rare earth pricing, demand, or customer purchasing cycles; competitive developments or new market entrants; geopolitical developments and trade policies affecting critical minerals; cybersecurity risks, intellectual property protection, or operational disruptions; technological performance risks; qualification of materials for defense and advanced manufacturing applications; compliance with applicable statutory and regulatory frameworks; and general macroeconomic, industry-specific, or capital market conditions.

There can be no assurance that projected production capacity, market positioning, strategic objectives, or anticipated timelines will be achieved on the expected terms or at all.

All forward-looking statements speak only as of the date of this press release. The Company undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events, new information, or changes in expectations, except as required by law. Readers are cautioned not to place undue reliance on forward-looking statements.

For a discussion of additional risks and uncertainties that could affect the Company’s business, financial condition, and results of operations, please refer to the Company’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and other periodic reports available at www.sec.gov.

Disclosure Information

REalloys uses and intends to continue using its Investor website at www.realloys.com as a means of disclosing material non-public information and for complying with Regulation FD. Investors should monitor this site, along with the company’s press releases, SEC filings, public conference calls, and webcasts.

Source: REalloys Inc.

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The post REalloys (NASDAQ: ALOY) Announces Fully Financed Buildout of the Largest Heavy Rare Earth Metallization Facility Outside China, in Partnership with the Saskatchewan Research Council first appeared on Prism Media Wire.