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REalloys & Patriot LoI

REalloys secures priority access to US rare earth supply with Patriot

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Mining Technology

According to a recent report by Mining Technology, REalloys has signed a non-binding letter of intent (LoI) with Patriot Exploration & Mining. This agreement could grant REalloys priority access to up to 30% of rare earth products from Patriot's US operations, marking a significant development in the rare earth supply chain. As reported by Mining Technology, this partnership has the potential to strengthen REalloys' position in the market. The move highlights the growing importance of securing rare earth supplies, a critical component in the production of various high-tech and renewable energy technologies.