REalloys Signs MoU to Enhance U.S. Rare Earths Supply for Defense
REalloys, a U.S.-based rare earths company, has signed a memorandum of understanding (MoU) with US Critical Materials Corp (USCM) to secure up to 10% offtake from the Sheep Creek rare earths project in Montana. This project is noted for being the highest-grade rare earths deposit in the U.S. The agreement aims to supply domestically sourced heavy rare earths to U.S. strategic defense stockpiles, crucial for manufacturing high-performance magnets used in advanced defense systems. The MoU also outlines potential strategic equity investments and government financing collaborations. 
