REalloys Secures Pentagon Funding to Design Heavy Rare-Earths Processing Plant
On March 2, REalloys announced it has won a U.S. Department of Defense contract of up to $1.7 million to finance the engineering design of a processing plant that would turn heavy rare earths into metal for magnets used in weapons and electronics. The award from the Defense Logistics Agency covers two phases across 24 months and requires the compan…