REalloys enters exclusive talks with US Army to lease Tooele base site for rare earth processing facility

REalloys Inc.

REalloys Inc.

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  • REalloys was conditionally selected by the U.S. Army for exclusive talks on a long-term Enhanced Use Lease at Tooele Army Depot, Utah.
  • Plan calls for REalloys to finance, build, run heavy rare earth processing facilities, targeting development as early as 2027.
  • Initial operating capability is targeted no later than 2028, timed to the Jan. 1, 2027 federal procurement ban on Chinese materials.
  • Facilities would refine dysprosium, terbium for defense-grade permanent magnets, using allied-sourced feedstock including Canadian supply.
  • Structure is designed to be subsidy-free, with REalloys bearing costs under the lease while the Army retains title to the property.


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