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GlobeNewsWire
1 month ago
Blackboxstocks Inc. Merger Target REalloys Enters into Historic Partnership with the SRC to Establish North America's First Commercial-Scale Heavy Rare Earth Production
Partnership advances the continent's first fully funded and permitted heavy rare earth refining pathway, delivering first to market production for allied supply chains Meets all Title 50 defense-sourcing requirements under U.S Code — with zero Chinese / non-allied nexus Commercial production expected in early 2027, strengthening North American and allied supply chains amid intensifying global competition DALLAS, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Blackboxstocks Inc. (NASDAQ: BLBX), (“Blackbox” or the “Company”), is pleased to announce that its merger target, REalloys Inc. (“REA” or “REalloys”), has entered into a historic partnership with the Saskatchewan Research Council (“SRC”), anchored by a commercial processing and long-term offtake agreement to expand the heavy rare earth refining capability at SRC's Rare Earth Processing Facility in Saskatoon, SK. Under the partnership, REalloys has secured 80% of annual production of the upgraded capacity from the facility1 enabling a compliant, North American supply chain for the Company's defense industrial base clients, including the U.S. Department of Defense.