US REAlloys, Japan's JOGMEC Sign Strategic Pact on Rare Earth Tech & Supply

Published: Oct 24, 2025 18:03

Save

[SMM Breaking News: US Rare Earth Company Signs Strategic Agreement with Japanese Government] US rare earth developer REAlloys Inc. has formed a strategic alliance with the Japanese Organization for Metals and Energy Security (JOGMEC). As a government agency under Japan's Ministry of Economy, Trade and Industry (METI), JOGMEC is tasked with ensuring the security of Japan's industrial supply chains. According to the signed memorandum of understanding, JOGMEC, on behalf of METI, will facilitate the licensing and transfer of Japanese separation and magnet manufacturing technologies to REAlloys' North American facilities. This initiative is expected to rapidly scale up high performance magnet production. The agreement includes structured off-take arrangements to ensure long-term, stable supply of rare earth alloys and magnets for Japanese manufacturers. In exchange, REAlloys will allocate a portion of its scandium and yttrium production from Hoidas Lake and secondary monazite sources to Japan, while guaranteeing that supplies for US defense and energy projects remain unaffected.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Mar 13, 2026 17:44

【SMM Analysis】Pr-Nd Alloy Prices Stabilize After Initial Drop, Expected to Rise Amid Tight Supply and Strong Demand

This week, Pr-Nd alloy prices generally fell first and then rose, and have now stabilized in the range of 980,000-1 million yuan/mt. This price fluctuation was mainly driven by the impact of news factors on market sentiment.

Mar 13, 2026 17:44

Mar 13, 2026 17:08

Chile and US Sign Joint Statement to Consult on Rare Earths and Critical Minerals

Santiago — Chile’s Ministry of Foreign Affairs said on the 12th that Chile had signed a joint statement with the US to begin consultations on rare earths and critical minerals.

Mar 13, 2026 17:08

Mar 13, 2026 09:40

Critical Metals Secures $30M for Greenland Rare Earth Project Amid Global Supply Chain Shift

Rare earth developer Critical Metals Corp. (Critical Metals) approved $30 million in funding to accelerate development of its Tanbreez rare earth project in Greenland. Tanbreez is one of the world’s largest known rare earth deposits. The company said the funding would be used to advance drilling, infrastructure, engineering design, and mineral processing and metallurgical testing required for production. The move came as the US and its allies were building supply chains for critical minerals essential to electronics, national defense, and clean energy technologies.

Mar 13, 2026 09:40