REalloys Secures MOU for Up to 20% Rare Earth Carbonate Supply
ALOY•REalloys signed a non-binding MOU securing up to 20% of mixed rare earth carbonate from Ramaco’s Brook Mine, focusing on neodymium and praseodymium. Phase 1 is slated for late 2026 with 525tpa NdPr, 25tpa Dy, 12tpa Tb; Phase 2 aims for 3,000tpa NdPr, 200tpa Dy, 45tpa Tb by 2029-30.
1. MOU Agreement and Supply Rights
REalloys signed a non-binding MOU with Ramaco Resources to evaluate a long-term partnership for the supply and commercialization of mixed rare earth carbonate and scandium oxide from the Brook Mine in Wyoming, securing potential rights to up to 20% of the mine’s future MREC output.
2. Brook Mine Rare Earth Composition
Preliminary data indicates the Brook Mine MREC stream contains meaningful concentrations of neodymium, praseodymium, dysprosium, terbium, yttrium, samarium, gadolinium and scandium, supporting a diversified basket of critical minerals required for high-performance magnet manufacturing.
3. Commercialization Timeline and Capacities
Phase 1 is slated to begin commercial production in late 2026 or early 2027 via a partnership with the Saskatchewan Research Council, targeting 525 tpa of NdPr metal, 25 tpa of Dy metal and 12 tpa of Tb metal. Phase 2 aims to commence in late 2029 or early 2030 with annual production of 3,000 tpa NdPr, 200 tpa Dy and 45 tpa Tb.
4. Strategic Importance for Domestic Supply Chain
The partnership aligns with broader U.S. efforts to establish resilient domestic and allied critical mineral supply chains for strategic technologies, defense systems and advanced manufacturing by integrating coal-hosted resources with downstream refining, metallization and magnet manufacturing infrastructure.
