Overview
- In a Yahoo Finance interview, co-founder Tim Johnston outlined a partnership with SRC’s Rare Earth Processing Facility in Saskatoon and said REalloys holds an exclusive offtake for 80% of the plant’s production.
- He said REalloys plans to fund upgrades targeting about 525 tpa of NdPr metal output along with roughly 30 tpa of dysprosium oxide and 10 tpa of terbium oxide.
- The company portrays itself as the only North American operator taking heavy rare earths through to finished magnets, a claim presented in the interview without independent verification.
- Its strategy links feedstock from the Hoidas Lake project with offtake memoranda in Greenland, Brazil and Kazakhstan and recycled inputs from Mission Critical Materials to downstream metallization, alloying and magnet work in Euclid, Ohio.
- Johnston cited 2027 procurement rules as a near-term forcing function and said time, rather than capital, is the main constraint, with an emphasis on avoiding Chinese-origin technology in critical steps.