First reported 10 Nov 2026 · updated 14h ago · 1 source · Single source, unconfirmed
The U.S. Army has signed a non-binding term sheet with REalloys (NASDAQ: ALOY) to build the first-ever commercial rare earth processing operation on a U.S. military installation.
The U.S. Army has signed a non-binding term sheet with REalloys (NASDAQ: ALOY) to build the first-ever commercial rare earth processing operation on a U.S. military installation. The plan covers 200 acres at Tooele Army Depot in Utah, a lease that could run as long as 75 years, and provides first access for the Army to the rare earth products produced at this facility. Those metals are dysprosium and terbium. Every F-35, Tomahawk missile, and Virginia-class submarine depends on magnets made with them, and China produces nearly every ounce of both.…
Information only, compiled from public sources with AI assistance. Not investment, legal, tax or regulatory advice, and not a recommendation to buy or sell anything. Scenarios describe what could happen and what has happened before; they are not forecasts. Prices are delayed or end-of-day. Always check the original source.
+Hub on this story
Join the +Hub0 members follow this story.
