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Manila Times Business

REalloys (NASDAQ: ALOY) Announces Landmark Partnership Agreement with The United States Army & Army’s Strategic Capital Initiatives to Operate Processing Facilities on The Tooele Army Base in Utah

Strategic U.S. Army Partnership: REalloys (NASDAQ-ALOY) has been conditionally selected to operate a long-term Enhanced Use Lease to design, finance, build, and operate heavy rare earth processing facilities at the Tooele Army Depot, Utah as part of the first commercial critical-mineral processing award on a Government military installation, by way of a direct execution of Executive Order 14241.Expedited 2027 Timeline and Cap-Ex Light Approach: Development targeted as early as 2027, with Initial

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Source: manilatimes.net

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