EUCLID, Ohio, May 28, 2026 (GLOBE NEWSWIRE) — REalloys Inc. (Nasdaq: ALOY) (“REalloys” or the “Company”), a vertically integrated U.S. rare earth processing and magnet supply chain company, today announced the execution of a non-binding Memorandum of Understanding (“MOU”) with Ramaco Resources, Inc. (“Ramaco”) to evaluate a strategic long-term partnership for the supply and commercialization of rare earth and critical mineral products from Ramaco’s Brook Mine operation in Wyoming. Pursuant to the terms of the non-binding MOU, REalloys and Ramaco expect to collaborate on metallurgical testing, product qualification, and commercial evaluation of mixed rare earth carbonate (“MREC”) and scandium oxide produced from Ramaco’s Brook Mine rare earth platform.
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Brief Summary
REalloys Inc. has taken a significant step in the rare earth processing sector by signing a non-binding MOU with Ramaco Resources. This strategic collaboration aims to enhance the supply chain of crucial minerals derived from Ramaco’s Brook Mine in Wyoming.
- Strategic Partnership: Focus on long-term collaboration for rare earth production.
- Metallurgical Testing: Joint effort in evaluating product viability.
- Commercial Evaluation: Assessing mixed rare earth carbonate and scandium oxide.
- Market Impact: Aims to strengthen U.S. rare earth supply chains.
Why it matters: This partnership could help stabilize and enhance the domestic production of rare earth elements, vital for various industries.
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