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REalloys signs LoI with Patriot for US rare earth supply

2026-06-06

REalloys and Patriot Exploration & Mining have signed a non-binding Letter of Intent (LoI) to establish a domestic US rare earth supply chain. This agreement grants REalloys priority access to up to 30% of rare earth products from Patriot's extensive above-ground resources, which span over 150 sites across the Appalachian Basin and contain more than 40 US-classified critical minerals. The collaboration aims to strengthen US national security and industrial interests by providing a reliable, fully domestic feedstock source for REalloys' critical minerals processing, refining, and metallisation facilities ahead of new procurement restrictions in January 2027.

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