REalloys enters LOI for ten-year offtake agreement with Critical Metals

Blackboxstocks’ (BLBX) merger target, REalloys entered into a letter of intent for a 10-year offtake agreement with Critical Metals Corp. (CRML) for 15% of its projected rare earth concentrate production from the Tanbreez Project in Southern Greenland. This long-term commitment represents a major strategic milestone for REalloys, with a meaningful supply of heavy and medium rare earth feedstock to support its expansion as a North American based vertically integrated producer of alloys and magnet materials. The Tanbreez resource-one of the world’s largest deposits of heavy rare earth elements-provides the foundation for REalloys’ mission to build a resilient, North American-aligned supply chain that advances U.S. and allied industrial priorities. Under the non-binding LOI, Critical Metals Corp. will supply approximately 6.75M metric tons of concentrate over the 10-year term, representing 15% of Tanbreez’s projected production on its current deposit. The material will support REalloys’ planned midstream and downstream manufacturing operations.