REalloys raises $100M via institutional placement
Geopolitics · Mining.com ·
REalloys raised $100 million through an institutional share placement, expected to close June 26, to fund working capital for its vertically integrated rare earth magnet supply chain. The company plans a rare earth separation facility at Utah's Tooele Army Depot as Western producers race to break China's dominance ahead of the Pentagon's 2027 ban on Chinese-origin rare earth materials.