secwatch.observer — SEC 8-K summary
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Issuer:     REALLOYS INC. (ALOY)
CIK:        0001567900
Form:       8-K
Filed at:   2026-05-22T20:06:18+00:00
Accession:  0001185185-26-002091
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

REalloys signs 15-year rare earth offtake deal with Critical Metals for 15% of Tanbreez Phase 1
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- 15% of monthly Phase 1 production (up to 15,000 mt/yr) from Tanbreez Project; initial term 15 years from first commercial delivery.
- Pricing formula: market-referenced with floor price annual escalation of 2%; payable percentages NdPr 75%, Dy 80%, Tb 80%, Y 35%; recovery >85%.
- Supply start must occur within 5 years, else either party may terminate; REalloys handles ocean transport and import clearance.
- Offtaker shortfall penalty: average Product Price times volume plus mitigation costs minus resale proceeds; interest at SOFR + 3% on late payments.
- Complements existing supply partnerships (Hoidas Lake, Sheep Creek, etc.); targets commercial production January 2027 ahead of U.S. federal rare earth restrictions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1567900/000118518526002091/0001185185-26-002091-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1567900/000118518526002091/realloys8k052126.htm
  HTML page:      https://secwatch.observer/filing/0001185185-26-002091

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