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REalloys Inc., Signs Joint MOU with Saskatchewan Research Council Enabling Processing of Rare Earth Materials for High Performance Magnet Production in Q2 2025

Core Viewpoint - Blackboxstocks Inc. announces that its merger target REalloys Inc. has signed a joint Memorandum of Understanding with the Saskatchewan Research Council to advance the commercial production of high-performance rare earth magnet materials, aiming for a secure North American supply chain for U.S. Protected Markets [1][5][8] Group 1: Merger and Collaboration - REalloys has initiated a strategic collaboration with the Saskatchewan Research Council to develop a resilient North American rare earth elements supply chain [5][8] - The planned production of high-performance magnet materials at REalloys' facility in Euclid, Ohio, is set to begin in Q2, with an expansion target of 500 metric tonnes per year by 2026 and 1,000 metric tonnes by 2028 [1][10] Group 2: Production Capabilities - REalloys combines its mid-stream production capabilities in heavy rare earth dysprosium-terbium metals with SRC's capabilities in light rare earth neodymium-praseodymium metals to produce high-performance magnet materials in North America [2][10] - The Euclid facility has been servicing U.S. Protected Market clients, including the US Defense Logistic Agency and the Department of Energy, since 1997 [3] Group 3: Resource and Supply Chain - REalloys sources materials from its Hoidas Lake Rare Earth Elements Project, an operating mine, and recycled magnet materials, ensuring strategic redundancy in its supply chain [6][9] - The Hoidas Lake project hosts a significant resource of neodymium, praseodymium, dysprosium, and terbium, which are essential for high-performance magnet production [7][9] Group 4: Industry Positioning - The Saskatchewan Research Council's Rare Earth Processing Facility is North America's first vertically integrated complex for rare earth metals, enhancing Canada's position in ethical and sustainable rare earth element processing [4][8] - The collaboration aims to address the strategic opportunity to integrate midstream processing technology with Saskatchewan's vast rare earth mineral resources [8]