REalloys Inc. said the U.S. Defense Logistics Agency awarded a contract to Terves LLC under topic DLA212-004 to scale next-generation metallothermal processes for samarium and gadolinium metals. The company said the contract includes engineering design work for a modular production facility with targeted capacity of 300 tons per year, covering wet chemistry and reduction-to-metal operations, and is intended to support domestic production of these metals. REalloys noted that its wholly owned subsidiary PMT Critical Metals acquired 100% of the rare-earth assets of Terves LLC and Powdermet Inc. on March 31, 2025.

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