The proposed venture plans to build a comprehensive pipeline spanning raw material separation, metallization, and final magnet production. By localizing these stages, the partners intend to serve high-demand sectors including defense, aerospace, robotics, and artificial intelligence infrastructure, alongside the automotive and energy industries.
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REalloys and JS Link Target North American Rare-Earth Magnet Production
Seeking to decouple critical technology from Chinese supply chains, REalloys has signed a letter of intent with South Korea’s JS Link to co-develop an integrated manufacturing platform for rare-earth magnets. The companies aim to merge North American feedstock and metallization capabilities with specialized Korean magnet-making expertise.
While the agreement outlines a vision for a fully integrated non-Chinese supply chain, the letter of intent remains non-binding. Both firms are currently evaluating government financing avenues, strategic industrial partnerships, and commercialization paths to determine the project's viability. There is no guarantee that the discussions will result in definitive agreements or a completed transaction.
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