US Rare Earth Investment

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

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. LOI with JS Link for magnet manufacturing; SRC qualification for DFARS.

Sources (10)
Updated Aug 3, 2026