Core Insights - REalloys has entered into a 10-year offtake agreement with Critical Metals Corp. for 15% of the projected rare earth concentrate production from the Tanbreez Project in Greenland, which is one of the world's largest deposits of heavy rare earth elements [2][3][4] - This agreement is a strategic milestone for REalloys, supporting its expansion as a vertically integrated producer of alloys and magnet materials in North America [3][4] - The partnership aligns with U.S. and allied priorities to establish a fully independent North American mine-to-magnet supply chain, reducing dependency on Chinese rare earth sources [3][6] REalloys Overview - REalloys operates a downstream metallization facility in Euclid, Ohio, producing advanced rare earth metals and magnet materials for various U.S. government programs [5] - The company is building a North American supply chain that includes upstream resources at Hoidas Lake and midstream processing development through collaboration with the Saskatchewan Research Council [6] - REalloys is expanding its Ohio facility's production capacity and advancing its HLREE Project to meet the demand for high-performance magnet materials in U.S. Protected Markets [6] Critical Metals Corp. Overview - Critical Metals Corp. is focused on developing critical metals and minerals, with its flagship Tanbreez Project located in Southern Greenland, expected to have year-round shipping access [7][9] - The Tanbreez Project is projected to supply approximately 6.75 million metric tons of concentrate over the 10-year term of the agreement with REalloys [4] - The company aims to become a reliable supplier of critical minerals essential for defense applications and the clean energy transition [9]

Core Insights - Critical Metals Corp has signed a Letter of Intent for an offtake agreement with REalloys Inc, a company that is completing a merger to go public on Nasdaq under the ticker BLBX [1][8] - The agreement will allow Critical Metals to supply up to 6,750,000 metric tons of rare earth concentrate from its Tanbreez Project, which represents approximately 15% of the project's projected production [4][5] - This partnership aims to reduce reliance on Chinese supply chains and strengthen North America's independent supply chain for critical minerals [5][9] Company Overview - Critical Metals Corp is a leading mining development company focused on critical metals and minerals essential for electrification and next-generation technologies [10][12] - The Tanbreez Project, located in Southern Greenland, is one of the world's largest rare earth deposits and is expected to have year-round shipping access via deep water fjords [10][12] - Another key asset is the Wolfsberg Lithium Project in Austria, which is the first fully permitted mine in Europe and is strategically positioned to support the European market [11][12] REalloys Inc. Overview - REalloys is one of the few U.S. companies with integrated midstream and downstream rare earth capabilities, focusing on processing and refining rare earth feedstock into high-performance alloys and magnet materials [2][8] - The company is expanding its facilities in Euclid, Ohio, to boost production of rare earth metals and magnets, supporting U.S. national security initiatives [3][9] - REalloys is building a North American mine-to-magnet supply chain, with significant mineral resources at its Hoidas Lake project [7][9] Strategic Importance - The partnership between Critical Metals and REalloys is seen as a strategic move to enhance the domestic supply chain for rare earth elements, vital for defense and energy sectors [5][8] - The combined agreements with REalloys and Ucore Rare Metals Inc. account for 25% of the total production of the Tanbreez project for U.S. customers [5][8] - The collaboration aims to meet the high-performance magnet materials demand in U.S. Protected Markets, including defense and critical infrastructure [8][9] Next Steps - Both parties are working towards definitive documentation following the execution of the Letter of Intent, with final agreements subject to customary conditions [6]