Workflow
Dysprosium metal
icon
Search documents
REalloys (NASDAQ: ALOY) Announces Fully Financed Buildout of the Largest Heavy Rare Earth Metallization Facility Outside China, in Partnership with the Saskatchewan Research Council
Globenewswire· 2026-03-11 10:00
Core Viewpoint - REalloys Inc. is set to establish the largest heavy rare earth metallization facility outside of China, aiming to comply with U.S. defense procurement standards by 2027, thereby enhancing North America's rare earth supply chain and reducing dependency on Chinese sources [1][4][8] Group 1: Facility and Operations - The heavy rare earth metal facility (HREMF) will be constructed in Saskatoon in collaboration with the Saskatchewan Research Council (SRC) and later relocated to Ohio to serve U.S. defense customers [2] - Initial operations are targeted for early to mid-2027, with full commercial operations expected by mid-to-late 2027, marking the first commercial-scale heavy rare earth metallization platform with zero-Chinese nexus [4][11] - The facility is projected to cost approximately $40 million and produce around 30 tonnes of dysprosium and 15 tonnes of terbium metal annually [11] Group 2: Strategic Partnerships and Supply Chain - REalloys will own 100% of the HREMF, integrating it with existing operations in Euclid, Ohio, which currently represent the only heavy rare earth metallization capability in North America [3] - The partnership with SRC will allow REalloys to secure 80% of the output from SRC's Rare Earth Processing Facility (REPF), which is expected to produce high-purity Neodymium-Praseodymium (NdPr) metal and Dy and Tb oxides [5] - This initiative aims to create a fully allied source of Dy and Tb metals for defense and advanced manufacturing supply chains, enhancing resource security and processing capabilities [6][7] Group 3: Regulatory Compliance and Market Positioning - The project aligns with U.S. defense procurement regulations set to take effect in 2027, which restrict sourcing from non-allied nations, including China [8] - The REalloys-SRC partnership is positioned as a compliant, zero-China nexus supply chain solution, leveraging established infrastructure and advanced automation [9][10] - The integrated supply chain is expected to provide proven scale, capability, and operational readiness, addressing vulnerabilities in national security related to rare earth materials [9]