REalloys Acquires PMT Critical Metals to Fortify U.S. Supply Chain

Deal News | Apr 09, 2025 | EIN

REalloys Acquires PMT Critical Metals to Fortify U.S. Supply Chain

Blackboxstocks Inc.'s merger target, REalloys Inc., has completed the acquisition of PMT Critical Metals Inc., a specialized rare earth magnet producer in Ohio, USA. This strategic acquisition, finalized on March 31, 2025, is structured around a share exchange making PMT Critical Metals a subsidiary of REalloys. The acquisition enhances REalloys' ability to secure a robust North American supply chain for rare earth magnets, serving key U.S. defense and energy clients, including the Department of Energy and the Defense Logistics Agency. The addition of PMT's state-of-the-art facility and technical expertise aligns with REalloys' broader mission to become a pivotal supplier of high-performance magnet materials for U.S. protected markets, amid increasing international trade tensions. Importantly, this move will support national security needs and domestic industry with critical infrastructure, especially following recent geopolitical shifts impacting rare earth availability from key players like China.

Sectors

  • Rare Earth Mining and Metals
  • Defense and Aerospace
  • Financial Technology

Geography

  • United States – The primary location where both Blackboxstocks and PMT Critical Metals operate, and where REalloys is targeting the market.
  • Canada – Location of REalloys' Hoidas Lake Project, critical to their mineral resource supply.

Industry

  • Rare Earth Mining and Metals – Concerned with the extraction and processing of rare earth elements critical to modern technology and defense applications.
  • Defense and Aerospace – Involves the provision of materials and technologies crucial for national security and defense operations, which REalloys and PMT Critical Metals supply.
  • Financial Technology – As Blackboxstocks Inc. is a financial technology provider, this sector is relevant for its platform offering analytics and social media integration for traders.

Financials

  • 14% – The percentage of REalloys' outstanding common stock offered in share exchange to acquire PMT Critical Metals.
  • 2,153,000 metric tonnes – Total Rare Earth Oxides in the Measured and Indicated categories at REalloys' Hoidas Lake Project.

Participants

NameRoleTypeDescription
REalloys Inc.AcquirerCompanyAn integrated company focused on rare earth elements and high-performance magnets, targeting U.S. defense and infrastructure sectors.
PMT Critical Metals Inc.Target CompanyCompanyProducer of rare earth magnets for defense applications, acquired by REalloys to bolster U.S. supply chains.
Blackboxstocks Inc.Parent Company (Merger Context)CompanyFinancial technology company providing analytic tools for traders, pursuing a merger with REalloys.
David ArgyleCEO of REalloysPersonLeading REalloys' strategic direction and overseeing key acquisitions.
Andrew ShermanCEO & President of PMT Critical MetalsPersonRecognized for technical expertise in metallurgy and leading PMT Critical Metals through the acquisition process.