U.S. Army Selects REalloys to Process Critical Minerals in Utah

The United States Army has selected REalloys to construct and operate the first commercial critical mineral processing operation on a U.S. military installation. Located at the Tooele Army Depot in Utah, the facility will refine dysprosium and terbium, materials essential for high-temperature permanent magnets used in defense systems. The project is designed to support the Army, the Defense Logistics Agency, the Department of Energy, and NASA.

This initiative aims to break China's dominance in the rare earth supply chain before a federal procurement ban on Chinese rare earth materials in defense systems takes effect on January 1, 2027. REalloys will finance and operate the complex under an Enhanced Use Lease structure, with commercial development beginning in 2027 and full operational capacity expected by 2028.

To secure the supply chain, REalloys partnered with the Saskatchewan Research Council and secured feedstock agreements with Critical Metals' Tanbreez project in Greenland as well as deposits in Montana and Wyoming. This move coincides with President Donald Trump's invocation of the Defense Production Act to address defense industrial base bottlenecks. Trump has met with major contractors, including Lockheed Martin and RTX Corporation, to pressure them to secure compliant material sources and accelerate production.