Realoys has partnered with SRC in Saskatchewan, which is building the only North American rare earth processing facility without any Chinese involvement.

Realoys is the only company primarily focused on heavy rare earths, specifically dysprosium and terbium, for high-temperature defense applications.

Realoys is building a mine-to-magnet supply chain in North America with no connection to China, focusing primarily on the defense sector.

A US defense regulation, DFARS, will mandate that by January 21, 2027, all defense-related materials must be purchased with no ties to China.

Most rare earth deposits contain radioactive elements like uranium and thorium, which creates significant permitting challenges with the EPA in the United States.

The primary bottleneck in the rare earth industry is not mining, but rather the refining, processing, metallizing, and magnet-making stages.

Lynas dropped its plans for a rare earth plant in Texas, for which it had received a government grant, due to permitting problems.

The SRC rare earth processing facility in Saskatchewan is expected to begin production by the end of 2024 or sooner.

Realoys has received a $200 million Letter of Interest (LOI) from the Export-Import Bank of the United States (EXIM).

Realoys believes it is the only North American company in the rare earth metallization space.