REalloys Signs Non-Binding Letter of Intent for Priority Access to Up to 30% of Appalachian Rare Earth-Bearing Material

REalloys signed a Letter of Intent with Patriot Exploration & Mining that grants the company priority access to up to 30 percent of production from a 2-billion-ton rare earth-bearing resource network spanning more than 150 tested sites from Alabama to Pennsylvania.

The agreement was released on Wednesday. It adds domestic feedstock to REalloys' pipeline two months after the company announced plans for the largest heavy rare earth metallization facility outside China.

The company plans to move feedstock to its Saskatchewan processing site, which targets annual output of 525 tons of neodymium-praseodymium, 30 tons of dysprosium, and 15 tons of terbium. Processed material would then move to an Ohio metallization facility for conversion into defense-grade alloys. The full supply chain is designed to operate without Chinese-origin inputs.

The Pentagon's prohibition on Chinese-origin rare earths in defense supply chains takes effect in 2027. REalloys stated the new feedstock agreement is part of its effort to secure non-Chinese supply before that deadline. REalloys continues to develop its metallization capacity while other firms are still in earlier planning stages, according to its public statements.

The company is funding processing capacity in Saskatchewan and expanding metallization capacity in Ohio. The Appalachian agreement comes just days after REalloys provided a major update on its Saskatchewan partnership with the Saskatchewan Research Council. -designated critical minerals, including neodymium, praseodymium, dysprosium, and terbium.

Patriot reports access to roughly 2 billion metric tons of above-ground rare earth-bearing material spread across more than 150 tested sites throughout the Appalachian Basin. REalloys feedstock network includes projects and partnerships spanning North America, Greenland, Brazil, and Kazakhstan.