EUCLID, Ohio, May 21, 2026 (GLOBE NEWSWIRE) — REalloys Inc. (NASDAQ: ALOY) (“REalloys” or the “Company”) today announced that it has entered into a definitive long-term rare earth product offtake agreement (the “Offtake Agreement”) with Critical Metals Corp. (NASDAQ: CRML) (“CRML”) covering 15% of monthly Phase 1 production from CRML’s Tanbreez Project in southern Greenland, subject to a ±5% per-delivery operational variance. The Offtake Agreement was executed on May 20, 2026 and replaces and supersedes the non-binding letter of intent previously announced by the parties.
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Brief Summary
REalloys Inc. (NASDAQ: ALOY) has entered into a strategic long-term agreement with Critical Metals Corp. (NASDAQ: CRML) to secure 15% of the monthly rare earth production from the Tanbreez Project. This partnership enhances REalloys’ position in the rare earth market, facilitating access to valuable resources.
- 15% of Phase 1 production from Tanbreez Project secured
- Agreement executed on May 20, 2026
- Replaces previous non-binding letter of intent
- Operational variance of ±5% per delivery
Why it matters: This agreement not only boosts REalloys’ production capacity but also positions the company favorably within the evolving rare earth sector, highlighting the increasing demand in technology applications.
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