REalloys Announces Partnership to Operate on US Army Base

AI Summary

REalloys announced a partnership allowing them to mine rare earth minerals on US Army bases, highlighting the strategic importance of these metals for the United States. The deal involves potential active involvement of US military personnel in mining operations.

REalloys CEO Lipi Sternheim said that members of the US military could be actively involved in working with his company to mine rare earth minerals after the announcement of a deal to let REalloy mine on US Army bases. Sternheim said that the partnership with the Army shows how 'strategically important' rare earth metals are to the United States. (Source: Bloomberg)