Core Insights - The U.S. is heavily reliant on imports for rare-earth magnets, primarily from China, which poses risks to supply security and industrial resilience [1][4][3] - China's dominance in the rare-earth industry allows it to control prices and influence various downstream industries, including electric vehicles and defense systems [4][2] - The U.S. is taking steps to rebuild its rare-earth supply chain, with initiatives like REAlloys' merger and the support from the U.S. Export-Import Bank [5][6][10] Industry Overview - The rare-earth sector is critical for technologies such as electric vehicles, wind turbines, and medical imaging, with demand projected to quadruple by 2040 [17][18] - China currently produces about 70% of mined rare-earth materials, refines nearly 90% of global output, and manufactures approximately 92% of the world's permanent magnets [4][3] - The U.S. Department of Defense has committed over $439 million to develop a domestic mine-to-magnet capability, indicating a strategic shift in policy [10][21] Company Developments - REAlloys is establishing a fully integrated supply chain from mining to magnet production, with significant projects in Saskatchewan and Ohio [7][9][8] - The company has secured a $200 million Letter of Interest from the U.S. Export-Import Bank, which supports its efforts to create a domestic supply chain [6][11] - A strategic partnership with Japan's JOGMEC aims to enhance technology transfer and co-investment in magnet production, highlighting international collaboration [12][14][16] Market Dynamics - The price volatility of rare-earth materials has been exacerbated by China's export controls, impacting global supply chains [19][20] - The U.S. is focused on creating a diversified supply chain that includes allied nations, moving away from dependence on Chinese processing [26][27] - Companies like MP Materials and Energy Fuels are also positioning themselves as key players in the critical minerals space, with significant investments and strategic partnerships [28][31][34]

The Group of Seven nations are set to announce a critical minerals production alliance that would include supply agreements in a bid to counter China’s dominance of the market. https://t.co/azCjfjIizd ...

Mining companies are selling shares at the fastest clip in a decade, and investors looking for exposure to sharply higher gold prices and in-demand critical minerals can’t get enough. https://t.co/HdowSijIdE ...

Company Overview - TETRA's market capitalization is $105 billion as of October 24, 2025[14] - The company's net debt is $114 million as of September 30, 2025[14] - The enterprise value is $117 billion as of October 24, 2025[14] - Q3 2025 TTM revenue is $619 million, with an adjusted EBITDA margin of 187%[15,21] Financial Performance and Targets - 2024 revenue was $599 million, with adjusted EBITDA of $994 million[20] - 2025 revenue guidance is $620-630 million, with adjusted EBITDA of $107-112 million[20] - The company targets 2030 revenue of $125 billion, representing a 15% CAGR, and adjusted EBITDA of $325 million, with a 26% adjusted EBITDA margin[146] Business Segments and Growth - Completion Fluids & Products revenue is $362 million TTM, with an adjusted EBITDA margin of 331%[15,41] - Water & Flowback Services revenue is $257 million TTM, with an adjusted EBITDA margin of 121%[15] - The company is transitioning to three future segments: Energy Services, Specialty Chemicals & Minerals, and Water Treatment & Desalination[27] Critical Minerals and Bromine Project - TETRA has over 40000 acres of mineral-rich Smackover brine leases[115] - The Arkansas Bromine Project has a projected incremental revenue of $230 million and incremental EBITDA of $105 million at full production[124] - The Arkansas Bromine Project has a project capex of $270 million, an NPV10 of $710 million, and an IRR of 62%[124]

Core Viewpoint - REalloys, the merger target of Blackboxstocks Inc, has secured a $200 million Letter of Interest from the U.S. Export-Import Bank to support the development of a fully integrated mine-to-magnet supply chain in North America, emphasizing U.S. commitment to critical minerals supply chain independence [1][2][6]. Funding and Support - The $200 million Letter of Interest from EXIM Bank represents preliminary support under the China and Transformational Exports Program (CTEP) for REalloys' project financing [2][5]. - The funding will facilitate the establishment of a vertically integrated rare-earth and ferroalloy supply chain, enhancing U.S. independence from foreign critical mineral sources [3][6]. Strategic Implications - This initiative is expected to boost domestic manufacturing and job creation, particularly in defense, renewable energy, and electric vehicle sectors, while promoting regional economic growth [4][8]. - The project aligns with U.S. government priorities to secure critical-materials supply chains vital for national security and industrial competitiveness [8][9]. Project Details - The EXIM Bank's support indicates potential financing for REalloys' capital expansion, with a provisional repayment term of up to 15 years, and the Letter of Interest remains effective until October 14, 2026 [7][18]. - REalloys is developing a North American supply chain that integrates upstream resource development, midstream processing, and downstream manufacturing of advanced alloys and magnet materials [11][12]. Market Positioning - REalloys aims to create a fully Western-controlled rare-earth ecosystem, supported by long-term offtake agreements and strategic partnerships, positioning itself to meet U.S. market demand for high-performance magnet materials [11][12]. - The merger with Blackboxstocks Inc. is expected to accelerate growth in the North American rare earth market, enhancing the combined company's competitive position [12].

The U.S. government and private financiers are pouring money into critical minerals, believing China won’t ever be a reliable supplier again https://t.co/W7l4NFLp50 ...

Ramaco Overview - Ramaco shipped metallurgical coal to steelmakers in over 20 countries[9] - Ramaco's 2024 sales volume was 40 million tons, with an adjusted EBITDA of $106 million[12] - As of October 27, 2025, Ramaco's market capitalization was $20 billion, with revenue of $666 million in 2024 and net cash of $77 million as of September 30, 2025[12] Brook Mine Expansion and Economics - The Brook Mine is projected to have a steady-state annual production of approximately 3,414 short tons of rare earths and critical minerals[13,56] - The revised total Capex requirement for Brook Mine is $1125 million, with an NPV (8%) of $51 billion and a 3-year payback period[21] - Brook Mine is projected to generate over $500 million in EBITDA by 2028, a 276% increase compared to the Fluor PEA[21] - At steady state, the Brook Mine is expected to generate $1038 million in revenue and $552 million in EBITDA, representing a 53% margin[56] Rare Earths and Critical Minerals Opportunity - Brook Mine is believed to be the only primary mine source of Gallium, Germanium, and Scandium in the world[10,14,39] - Approximately 40% of the total estimated REO production consists of primary magnetic REOs, gallium, germanium, and scandium, accounting for ~99% of annual revenue from the Brook Mine[40] - China holds dominant market shares in Gallium (>95%), Heavy Rare Earths (>90%), Light Rare Earths (85%), Scandium (>60%), and Germanium (65%)[25] Metallurgical Coal Business - Ramaco's cash costs of $100 per ton for YTD 2025 are among the lowest of its publicly traded peer group[16] - Ramaco's 2025 production guidance is between 37 million and 39 million tons[88]

Core Points - United States Antimony Corporation (USAC) is a leading producer and processor of antimony, zeolite, and other critical minerals, and is the only fully integrated antimony company outside of China [1][7] - The CEO, Gary C. Evans, will present at the Centurion One Capital 3rd Annual Bahamas Summit, highlighting the company's growth objectives for 2026 [2][3] - The summit will take place from October 28 to 29, 2025, at the Rosewood Baha Mar Hotel in Nassau, Bahamas, featuring presentations, panel discussions, and one-on-one investor meetings [3] Company Overview - USAC operates in the U.S., Mexico, and Canada, selling antimony, zeolite, and precious metals primarily in the U.S. and Canada [7] - The company processes third-party ore into various products, including antimony oxide, antimony metal, and antimony trisulfide, at its facilities in Montana and Mexico [7] - Antimony oxide is utilized in flame-retardant systems, while antimony metal is used in bearings and storage batteries [7] - The company also mines and processes zeolite at its Bear River Zeolite facility in Idaho, which has various industrial applications [7] - In 2024 and 2025, USAC began acquiring mining claims and leases in Montana, Alaska, and Ontario, Canada, to expand operations and product offerings [7]

The US and Japan sign an agreement to deepen cooperation on critical minerals, adding the Asian country to Washington’s push to reduce its reliance on China https://t.co/TI7Fffk0PS ...

The U.S. government and private financiers are pouring money into critical minerals, believing China won’t ever be a reliable supplier again https://t.co/dKWDQFyAWM ...