Blackboxstocks announces merger target REalloys signed MOU with SRC

Blackboxstocks (BLBX) announces that its merger target REalloys has signed a joint Memorandum of Understanding, MOU, with the Saskatchewan Research Council, SRC, to begin working together to advance REA’s initiative of commercial production of high-performance rare earth magnet materials. REA’s planned production starts in Q2, with targeted expansion to 500 metric tonnes, mt, per year of magnet materials in 2026, and 1,000 mt by 2028. This is a major milestone to achieve the objective of a secure & resilient North American magnet materials & magnets supply chain focused on demand from U.S. Protected Markets.