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Blackboxstocks' Merger Target Signs Agreements To Form Strategic Collaboration With AltynGroup Kazakhstan To Secure Rare Earth Feedstock From Kazakhstan To Provide REAlloys' Midstream And Downstream Facilities In North America

Benzinga·02/03/2026 13:40:53
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Blackboxstocks Inc. (NASDAQ: BLBX) announced today that its merger target, REAlloys Inc. ("REAlloys"), has entered into a series of non-binding agreements to form a strategic partnership with AltynGroup Kazakhstan LLP ("AltynGroup") to secure rare earth feedstock from Kazakhstan reserves to supply REAlloys' midstream and downstream facilities in North America. Through this collaboration, REalloys and AltynGroup are working expeditiously to bring Kazakhstan's vast rare earth deposits into Western supply chains.

AltynGroup, led by Aidar Assaubayev, has long played a formative role in Kazakhstan's mining and metallurgical industries. AltynGroup has executed complex resource developments across gold, non-ferrous metals, and strategic minerals, working in alignment with national initiatives to expand the country's industrial base. Its relationships across Kazakhstan position it as one of the country's most influential private-sector partners in the modernization of Kazakhstan's resource economy.