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REalloys inks MOU with Ramaco to secure up to 20% rare earth supply from Wyoming coal mine

Market News
28 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

REalloys Inc. has signed a non-binding Memorandum of Understanding with Ramaco Resources to explore a strategic partnership for rare earth and critical mineral supply from Ramaco's Brook Mine in Wyoming. The MOU allows REalloys to potentially secure up to 20% of Ramaco's mixed rare earth carbonate production, supporting U.S. efforts to build resilient domestic supply chains for strategic technologies. This partnership leverages coal-hosted rare earth deposits, which benefit from existing infrastructure, potentially accelerating U.S. production of heavy rare earth elements needed for defense and advanced manufacturing. REalloys plans to integrate this supply into its phased commercialization strategy, aiming to scale rare earth processing and magnet manufacturing in North America by 2029-2030.

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