Blackboxstocks Merger Target, REalloys Signs MOU With Mission Critical Materials To Establish Framework For Domestic Supply Chain Converting Acid Mine Drainage Into Heavy Rare Earth Metals And Magnets

REalloys utilizes its first-to-market processing and metallization capabilities to secure a sovereign supply of heavy rare earths for U.S. defense agencies on an accelerated timeline.

Strategic alliance would establish the United States' first fully domestic mine-waste-to-magnet ecosystem, leveraging federally funded upstream innovation to break reliance on foreign supply chains.

DALLAS, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Blackboxstocks (NASDAQ:BLBX) Merger Target, REalloys Inc. ("REalloys") announced today that it has signed a Memorandum of Understanding ("MOU") with Mission Critical Materials LLC ("MCM") to establish a framework for the first fully domestic supply chain converting acid mine drainage into heavy rare earth metals and magnets for defense related manufacturing and strategic stockpiles.

The partnership links MCM's upstream technology developed at West Virginia University ("WVU") and funded extensively by the U.S. Department of Energy ("DOE") and Department of War ("DOW") (f/k/a Department of Defense) with REalloys' first-to-market integrated midstream and downstream capabilities, including rare earth separation, HF-free metallization, alloy production, and U.S.-based magnet manufacturing, for planned delivery to U.S. government clientele, including the DLA, DOW and DOE.

Under the non-binding MOU, REalloys becomes MCM's preferred downstream and offtake partner for rare earth materials recovered from acid mine drainage ("AMD"), a hazardous wastewater stream long viewed as only an environmental burden. MCM's process recovers high-purity mixed rare earth oxides, including strategically important heavy elements such as dysprosium, terbium, yttrium, and gadolinium, as well as magnet-critical light rare earths like neodymium-praseodymium.