Critical Metals Signs 10-Year Offtake Deal With REalloys For 15% Of Rare Earth Output From Tanbreez Project

Benzinga · 10/08/2025 12:44
  • This Off-take Agreement follows the Recent August 26th Announcement of an Off-take Agreement for 10.0% with the Department of War "DoW" Investee Company Ucore Rare Metals Inc ("Ucore")
  • This significant and strategic off-take agreement grants REalloys 15.0% from the Company's Tanbreez near-term production of Heavy & Medium Rare Earth Elements from Southern Greenland
  • REalloys is a fully integrated producer of magnet materials and magnets for high-performance "U.S. Protected Markets," including the U.S. National Defense Stockpile (NDS), Defense Industrial Base (DIB), Nuclear Industrial Base (NIB), robotics, electric aviation, and critical infrastructure industries, as well as allied nations with defense treaties, alliances, and agreements
     

NEW YORK, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Critical Metals Corp. (NASDAQ:CRML) ("Critical Metals Corp" or the "Company"), a leading critical minerals mining company, today announced it has signed a Letter of Intent (LOI) for an offtake agreement with REalloys Inc. ("REalloys"), a private company currently completing an S-4 merger to go public on Nasdaq under the ticker BLBX.

REalloys is one of the only full-cycle rare earth processors in the United States, with capabilities spanning extraction, beneficiation, separation, and metallization through to finished magnet production.

Under the terms of the multi-year offtake arrangement, Critical Metals expects to supply up to 15% of production annually of rare earth concentrate from its Tanbreez Project.