Core Insights - REalloys has appointed Stephen S. duMont as non-executive Chairman of the Board, enhancing its leadership to support Western supply chain independence amid competition with China [1][2][3] - The company recently secured a 10-year, 6.75 million ton offtake agreement with Critical Metals Corp, reinforcing its commitment to establishing a secure mine-to-magnet supply chain [2][3] - REalloys aims to build a North American supply chain free from Chinese influence, focusing on critical minerals essential for defense and technological leadership [3][7] Leadership and Strategic Appointments - Stephen S. duMont brings over 30 years of experience in defense and aerospace, having held senior roles at Raytheon Technologies, BAE Systems, and Boeing [2][4][5] - His leadership at GM Defense includes the development of advanced mobility and battery-electric solutions for defense customers [4] - The board includes notable figures such as Ambassador David MacNaughton and former Saskatchewan Premier Brad Wall, enhancing REalloys' strategic positioning in defense and industrial policy [3][5] Supply Chain and Production Capacity - REalloys is developing a vertically integrated mine-to-magnet supply chain, with upstream resources at Hoidas Lake and downstream production in Euclid, Ohio [7] - The Hoidas Lake project has a Mineral Resource Estimate of 2,153,000 tons of Total Rare Earth Oxides, including both Heavy and Light Rare Earth Elements [7] - The company is expanding its Ohio facility's production capacity to meet the growing demand for high-performance magnet materials in U.S. Protected Markets [7] Recent Changes in Leadership - David Argyle has resigned as CEO, with Leonard (Lipi) Sternheim appointed as the new CEO to lead the company's growth and strategic initiatives [6] - Sternheim's leadership is expected to strengthen REalloys' mission to enhance allied industrial capacity and secure critical materials for defense [6]