REalloys to be Supplied With Canadian Rare Earth Material in Q4

MT Newswires Live

06/10

REalloys (ALOY) expects to be supplied with high-purity heavy rare earth material by Saskatchewan Research Council for qualification in Q4, the company said Wednesday.

Saskatchewan Research Council will produce magnet-grade oxides for REalloys, which are expected to support its metallization and magnet manufacturing efforts at its Euclid, Ohio facility, the company said.

Shares of the company were down over 2% in premarket activity Wednesday.

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