Core Insights - Blackboxstocks Inc. announced that its merger target, REAlloys Inc., has signed a Memorandum of Understanding (MOU) with Japan's JOGMEC to enhance the U.S.-Japan rare earth supply chain [1][2] Collaboration Details - The MOU aims to establish a strategic framework for collaboration in rare earth development, technology transfer, and industrial security [1][3] - JOGMEC's collaboration with REAlloys marks its first engagement with a U.S.-based rare earth company, aligning with the U.S. efforts to strengthen supply chain independence from China [2][4] Key Areas of Collaboration - Technology Transfer and IP Licensing: JOGMEC will facilitate the transfer of advanced Japanese technologies to REAlloys for the production of high-performance magnets [5] - Investment and Financing: The parties will explore investments and financing for REAlloys' North American supply chain, covering upstream mining, midstream separation, and downstream manufacturing [5] - Offtake and Market Access: Structured offtake agreements will be developed to ensure stable access to REAlloys' rare earth materials [5] Company Overview - REAlloys Inc. is developing a North American mine-to-magnet supply chain, with significant mineral resources at its Hoidas Lake project, estimated at 2,153,000 tons of Total Rare Earth Oxides [6] - The Hoidas Lake deposit includes a unique combination of Heavy and Light Rare Earth Elements, positioning REAlloys to meet high-performance magnet and alloy demand across various sectors [6] JOGMEC Overview - JOGMEC is a statutory corporation under Japan's METI, focused on securing critical minerals through investment, R&D, and global partnerships [7]
Blackboxstocks Inc. (NASDAQ: BLBX) Merger Target REAlloys Inc. and Japan's JOGMEC Sign Strategic MOU to Strengthen U.S., Japan Rare Earth Supply Chain