REalloys Inc., Signs Joint MOU with Saskatchewan Research Council Enabling Processing of Rare Earth Materials for High Performance Magnet Production in Q2 2025
REalloys Inc., a merger target of Blackboxstocks Inc. (NASDAQ: BLBX), has signed an MOU with the Saskatchewan Research Council (SRC) to advance commercial production of high-performance rare earth magnet materials. Production is set to begin in Q2 2025, with targets of 500 metric tonnes per year by 2026 and 1,000 mt by 2028.
The collaboration combines REA's dysprosium-terbium production capabilities with SRC's neodymium-praseodymium production to manufacture magnet materials at REA's Euclid, Ohio facility. The partnership aims to establish a secure North American supply chain for U.S. Protected Markets, including defense, nuclear, and critical infrastructure industries.
REA's material sources include its Hoidas Lake Rare Earth Elements Project in Saskatchewan, an operating mine, and recycled magnet materials. The HLREE Project is one of North America's highest-grade REE deposits, containing key elements for magnet production.
REalloys Inc., obiettivo di fusione di Blackboxstocks Inc. (NASDAQ: BLBX), ha firmato un MOU con il Saskatchewan Research Council (SRC) per avanzare nella produzione commerciale di materiali magnetici ad alte prestazioni a base di terre rare. La produzione è prevista per il secondo trimestre 2025, con obiettivi di 500 tonnellate metriche annue entro il 2026 e 1.000 tonnellate metriche entro il 2028.
La collaborazione unisce le capacità di produzione di disprosio-terbio di REA con la produzione di neodimio-praseodimio di SRC per fabbricare materiali magnetici presso lo stabilimento di Euclid, Ohio, di REA. La partnership mira a creare una catena di approvvigionamento sicura in Nord America per i mercati protetti statunitensi, inclusi i settori della difesa, nucleare e infrastrutture critiche.
Le fonti di materiali di REA includono il suo Progetto Hoidas Lake Rare Earth Elements in Saskatchewan, una miniera operativa, e materiali magnetici riciclati. Il progetto HLREE è uno dei giacimenti di terre rare a più alto tenore del Nord America, contenente elementi chiave per la produzione di magneti.
REalloys Inc., objetivo de fusión de Blackboxstocks Inc. (NASDAQ: BLBX), ha firmado un MOU con el Saskatchewan Research Council (SRC) para avanzar en la producción comercial de materiales de imanes de tierras raras de alto rendimiento. La producción comenzará en el segundo trimestre de 2025, con metas de 500 toneladas métricas por año para 2026 y 1,000 toneladas métricas para 2028.
La colaboración combina las capacidades de producción de disprosio-terbio de REA con la producción de neodimio-praseodimio de SRC para fabricar materiales magnéticos en la planta de REA en Euclid, Ohio. La asociación busca establecer una cadena de suministro segura en Norteamérica para los Mercados Protegidos de EE.UU., incluyendo defensa, nuclear e industrias de infraestructura crítica.
Las fuentes de materiales de REA incluyen su Proyecto Hoidas Lake Rare Earth Elements en Saskatchewan, una mina en operación, y materiales magnéticos reciclados. El Proyecto HLREE es uno de los depósitos de tierras raras de mayor ley en Norteamérica, con elementos clave para la producción de imanes.
REalloys Inc.는 Blackboxstocks Inc. (NASDAQ: BLBX)의 합병 대상 회사로서, Saskatchewan Research Council (SRC)와 고성능 희토류 자석 재료의 상업적 생산을 촉진하기 위한 양해각서(MOU)를 체결했습니다. 생산은 2025년 2분기에 시작될 예정이며, 2026년까지 연간 500미터톤, 2028년까지 1,000미터톤의 목표를 설정했습니다.
이번 협력은 REA의 디스프로슘-터븀 생산 능력과 SRC의 네오디뮴-프라세오디뮴 생산을 결합하여 오하이오주 유클리드에 위치한 REA 시설에서 자석 재료를 제조합니다. 이 파트너십은 미국 보호 시장을 포함한 국방, 원자력, 핵심 인프라 산업을 위한 북미 내 안전한 공급망 구축을 목표로 합니다.
REA의 원료 공급원에는 운영 중인 사스카추완의 Hoidas Lake 희토류 원소 프로젝트와 재활용된 자석 재료가 포함됩니다. HLREE 프로젝트는 북미에서 가장 고품위 희토류 매장지 중 하나로, 자석 생산에 필요한 핵심 원소를 포함하고 있습니다.
REalloys Inc., cible de fusion de Blackboxstocks Inc. (NASDAQ : BLBX), a signé un protocole d’accord (MOU) avec le Saskatchewan Research Council (SRC) pour faire progresser la production commerciale de matériaux magnétiques à base de terres rares à haute performance. La production devrait débuter au 2e trimestre 2025, avec des objectifs de 500 tonnes métriques par an d’ici 2026 et 1 000 tonnes métriques d’ici 2028.
Cette collaboration combine les capacités de production de dysprosium-terbium de REA avec la production de néodyme-praséodyme du SRC pour fabriquer des matériaux magnétiques dans l’usine de REA à Euclid, Ohio. Ce partenariat vise à établir une chaîne d’approvisionnement nord-américaine sécurisée pour les marchés protégés américains, incluant les secteurs de la défense, du nucléaire et des infrastructures critiques.
Les sources de matériaux de REA comprennent son projet Hoidas Lake Rare Earth Elements en Saskatchewan, une mine en activité, ainsi que des matériaux magnétiques recyclés. Le projet HLREE est l’un des gisements de terres rares les plus riches d’Amérique du Nord, contenant des éléments clés pour la production de magnets.
REalloys Inc., ein Übernahmekandidat von Blackboxstocks Inc. (NASDAQ: BLBX), hat ein Absichtserklärung (MOU) mit dem Saskatchewan Research Council (SRC) unterzeichnet, um die kommerzielle Produktion von Hochleistungs-Seltenerdmagnetmaterialien voranzutreiben. Die Produktion soll im 2. Quartal 2025 beginnen, mit Zielvorgaben von 500 metrischen Tonnen pro Jahr bis 2026 und 1.000 mt bis 2028.
Die Zusammenarbeit kombiniert REAs Dysprosium-Terbium-Produktion mit SRCs Neodym-Praseodym-Produktion zur Herstellung von Magnetmaterialien in der Anlage von REA in Euclid, Ohio. Die Partnerschaft zielt darauf ab, eine sichere nordamerikanische Lieferkette für die US-geschützten Märkte zu etablieren, einschließlich Verteidigung, Nuklear- und kritische Infrastruktursektoren.
REAs Materialquellen umfassen das Hoidas Lake Rare Earth Elements Projekt in Saskatchewan, eine aktive Mine, sowie recycelte Magnetmaterialien. Das HLREE-Projekt ist eine der hochwertigsten REE-Lagerstätten Nordamerikas und enthält wichtige Elemente für die Magnetproduktion.
- Planned production capacity expansion from 500 mt in 2026 to 1,000 mt by 2028
- Strategic redundancy through multiple material sources (Hoidas Lake Project, operating mine, and recycled materials)
- Access to one of North America's highest-grade REE deposits through the Hoidas Lake Project
- Established relationship with key U.S. government clients including DLA and DOE Ames National Laboratory
- Production not starting until Q2 2025
- Hoidas Lake Project still in development phase
- Agreement is currently only at MOU stage, not a definitive contract
Insights
REalloys' MOU with SRC creates first North American rare earth magnet supply chain, targeting US defense and critical infrastructure markets by 2025.
This strategic partnership between REalloys (BLBX merger target) and the Saskatchewan Research Council represents a critical advancement in North American rare earth independence. The collaboration combines REA's dysprosium-terbium (DyTb) capabilities with SRC's neodymium-praseodymium (NdPr) production to create a fully integrated domestic supply chain for high-performance magnet materials - components essential for defense, electric vehicles, and renewable energy technologies.
The timing is particularly strategic as North America currently relies almost entirely on China for these critical materials. REA's ambitious production roadmap - starting Q2 2025 with expansion to
What makes this partnership particularly robust is REA's multi-sourcing strategy for raw materials: their wholly-owned Hoidas Lake project (one of North America's highest-grade REE deposits), an unnamed operating mine partnership, and recycled magnet materials. This creates the redundancy essential for supply chain resilience in critical materials.
The Euclid, Ohio facility's existing relationships with the Defense Logistics Agency and DOE Ames National Laboratory provide an established customer base, while SRC's rare earth processing facility in Saskatchewan (operational since July 2024) delivers the upstream processing capabilities needed to create a truly vertically integrated North American supply chain for these strategically vital materials.
DALLAS, May 19, 2025 (GLOBE NEWSWIRE) -- Blackboxstocks Inc. (NASDAQ: BLBX), (“Blackbox” or the “Company”), announces that its merger target REalloys Inc. (“REA” or “REalloys”), has signed a joint Memorandum of Understanding (“MOU”) with the Saskatchewan Research Council (“SRC”) to begin working together to advance REA’s initiative of commercial production of high-performance rare earth magnet materials. REA’s planned production starts in Q2, with targeted expansion to 500 metric tonnes (“mt”) per year of magnet materials in 2026, and 1,000 mt by 2028. This is a major milestone to achieve the objective of a secure & resilient North American magnet materials & magnets supply chain focused on demand from U.S. Protected Markets (includes: National Defense Stockpiles (“NDS”), Defense Industrial Base (“DIB”), Nuclear Industrial Base (“NIB”), Robotics, Electric Aviation, Critical Infrastructure industries, and for U.S. Partner Countries with Defense Treaties, Alliances & Agreements).
By combining REA’s mid-stream production capabilities in heavy rare earth dysprosium-terbium (“DyTb”) metals with SRC’s mid-stream production capabilities in light rare earth neodymium-praseodymium (“NdPr”) metals, high performance magnet materials can now be made in North America, at REA’s Euclid, Ohio facility, to supply U.S. Protected Markets.
A North American Supply Chain for Magnet Materials & Magnets
REA’s Euclid facility has been servicing U.S. Protected Market clients including the US Defense Logistic Agency (“DLA”) and Department of Energy (“DOE”) Ames National Laboratory (“AMES”) with high-performance magnet materials, critical metals, & alloys solutions since 1997.
The SRC’s Rare Earth Processing Facility in Saskatoon, Saskatchewan, Canada is North America’s first, vertically integrated complex and began commercial scale processing of rare earth metals in July 2024, positioning Canada as a leader in ethical, sustainable, rare earth element separation and midstream processing.
REA has signed an MOU with The Saskatchewan Research Council on a strategic collaborative relationship in which SRC will provide services to REA in support of its effort to develop a secure and resilient North American rare earth elements supply chain to service U.S. Protected Market clients.
REA sources of material for its integrated supply chain include concentrate from its wholly owned development phase Hoidas Lake Rare Earth Elements Project (“HLREE Project”) in Saskatchewan, concentrate from an operating mine, and recycled magnet materials, ensuring strategic redundancy of upstream and mid-stream rare earth element supply for its Euclid Facility.
HLREE is one of North America’s most significant and high-grade Rare Earth Element (“REE”) ore deposits, situated approximately 55 kilometers northeast of Uranium City, the HLREE Project hosts a well-documented resource of neodymium, praseodymium, dysprosium, and terbium—that are key inputs for high-performance magnet production. An S-K 1300 Technical Report for the HLREE Project was completed on December 6, 2024 by William J. Lewis, P.Geo. of Micon International Limited and REA is actively de-risking the project with Axiom Exploration Group as the lead upstream project manager.
David Argyle, CEO of REalloys said: “This collaboration between SRC and REalloys is a major step forward in building a fully independent North American high performance magnet materials and magnets supply chain - ensuring a secure & resilient source to meet U.S. Protected Markets demand.”
Mike Crabtree, President and CEO of SRC said: “SRC is excited to move forward with the intent of this MOU, which aims to address this strategic opportunity to integrate midstream processing technology with Saskatchewan’s vast potential in REE mineral resources.”
About REalloys Inc.
REalloys Inc. (REA) operates a downstream magnet material, critical metals, alloys, & magnet manufacturing facility, located in Euclid, Ohio, and owns the Hoidas Lake Rare Earth Elements Project, located in Saskatchewan, Canada. The project boasts a significant Mineral Resource Estimate of 2,153,000 tons of Total Rare Earth Oxides (TREO) in the Measured and Indicated categories, with significant potential upside. The Hoidas Lake deposit is distinguished by its unique combination of both Heavy Rare Earth Elements (HREEs), including Dysprosium, Terbium, Gadolinium, and Erbium, as well as Light Rare Earth Elements (LREEs) such as Neodymium, Praseodymium, Cerium, and Lanthanum. REA is expanding its Ohio facility’s production capacity and is concurrently de-risking and advancing its HLREE Project. By incorporating additional verified rare earth element sources, toll manufacturing, and expanding the Euclid Facility’s installed manufacturing capacity, REA is positioned to meet U.S. Protected Markets high performance magnet materials, critical metals, and magnets demand on an accelerated timeline.
About SRC
SRC is Canada’s second largest research and technology organization with 1,400 clients in 22 countries around the world. With more than 400 employees, SRC has been helping clients solve technology problems, make improvements, increase productivity and develop new markets for more than 77 years. For more information, go to www.src.sk.ca.
About Blackboxstocks Inc.
Blackboxstocks Inc. is a financial technology and social media hybrid platform offering real-time proprietary analytics and news for stock and options traders of all levels. Our web-based software employs "predictive technology" enhanced by artificial intelligence to find volatility and unusual market activity that may result in the rapid change in the price of a stock or option. Blackbox continuously scans the NASDAQ, New York Stock Exchange, CBOE, and all other options markets, analyzing over 10,000 stocks and up to 1,500,000 options contracts multiple times per second. We provide our users with a fully interactive social media platform that is integrated into our dashboard, enabling our users to exchange information and ideas quickly and efficiently through a common network. We recently introduced a live audio/screenshare feature that allows our members to broadcast on their own channels to share trade strategies and market insight within the Blackbox community. Blackbox is a SaaS company with a growing base of users that spans over 40 countries.
For more information, go to: https://blackboxstocks.com/
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By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We caution you that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and developments in the industry in which we operate may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if our results or operations, financial condition and liquidity, and developments in the industry in which we operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods.
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Contacts
Blackboxstocks Inc.
Investors@blackboxstocks.com
PCG Advisory
Jeff Ramson
(646) 863-6893
jramson@pcgadvisory.com
REalloys Inc.
David Argyle
CEO
REalloys Inc.
ceo@realloys.com
www.realloys.com
FAQ
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