Oct. 22 at 2:06 PM
Blackboxstocks Inc. announced that its merger target, REAlloys Inc., has signed a Memorandum of Understanding with Japan Oil, Gas and Metals National Corporation (JOGMEC).
The agreement establishes a strategic framework for collaboration in rare earth development, technology transfer, and industrial safety between REAlloys and JOGMEC, a statutory corporation under Japan’s Ministry of Economy, Trade and Industry. It marks JOGMEC’s first engagement with a U.S.-based rare earth company.
Under the memorandum, REAlloys and JOGMEC will jointly develop, qualify, and supply high-performance rare earth materials and magnets to support the U.S.-Japan alliance. The partnership includes technology transfer, investment opportunities, and structured offtake agreements.
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