REalloys (NASDAQ: ALOY) Announces Landmark Partnership Agreement with The United States Army & Army’s Strategic Capital Initiatives to Operate Processing Facilities on The Tooele Army Base in Utah
REalloys has been conditionally selected by the U.S. Army for exclusive negotiations to design, build, and operate heavy rare earth processing facilities at the Tooele Army Depot in Utah. The agreement targets development as early as 2027 and initial operating capability by 2028, aligning with the federal ban on Chinese materials in the defense industrial base.
Key figures
- Materials
- ["Dysprosium","Terbium"]
- Ioc target
- no later than 2028
- Rfp number
- DACA27-9-26-0038000
- Executive order
- 14241
- Development target
- as early as 2027
AI analysis
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