DoD-backed REalloys secures REE oxides-to-metals; Army selects Tooele

REalloys has Sm/Gd production in Ohio, Tanbreez offtake, Ramaco MOU, 80% SRC offtake. Army selects Tooele for HREE plant (2028 target). Closes $100M, secures 50-year lease. Russell 3000 inclusion. Secured JS Link for magnet manufacturing. SRC qualification for DFARS. Risk: $106M loss and 60% stock drop.