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REalloys partners with U.S. Army to build rare earth processing plant at Tooele Army Base by 2028.

Market News
25 Jun 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

REalloys Inc. has been conditionally selected by the U.S. Army to operate a rare earth processing facility at the Tooele Army Depot in Utah. This facility will refine critical heavy rare earth elements like dysprosium and terbium, essential for defense technologies such as precision-guided munitions and electric motors. The project, planned to start development in 2027 with operations by 2028, aligns with new U.S. restrictions on Chinese materials and aims to secure a domestic supply chain without taxpayer subsidies. The partnership uses an Enhanced Use Lease, allowing REalloys to build and operate on Army land while supporting national security and industrial modernization.

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