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REalloys advances rare earth metal production with U.S. Army lease deal, targets magnet output by 2030

Company Fundamentals
13 Nov 2026, 21:00 WIB
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Bullish
REalloys advances rare earth metal production with U.S. Army lease deal, targets magnet output by 2030

REalloys Inc. reported a net loss of $30.5 million in Q3 2026 but made significant progress by signing a non-binding term sheet with the U.S. Army for a heavy rare earth processing facility at Tooele Army Depot, Utah. The company is advancing its metallization and processing projects, aiming to start North American rare earth metal production by early 2027 and initial U.S.-based magnet production by 2030. With $116.2 million cash on hand and a nearly debt-free balance sheet, REalloys plans to invest about $10 million in R&D through 2027 to support its mine-to-magnet strategy, responding to growing demand for secure, non-Chinese rare earth supplies.

REalloys' Q3 2026 results provide context for readers interested in the Basic Materials sector. As of Nov 13, 2026 20:51 WIB, out of 83 priced Basic Materials-sector US stocks tradable on Pluang, 64 rose and 17 fell. Notable movers include IAUX at USD 1.31 with a 1-day change of +1.55%, ICL at USD 4.52 with -1.53%, and MP at USD 38.00 with a 1-day change of +1.47% and Pluang order activity showing 87% Buy. The most notable figure is MP's strong buy order activity.

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