Blackboxstocks Inc. Merger Target REalloys Inc. Acquires Rare Earth Magnet Producer PMT Critical Metals
Blackboxstocks (NASDAQ: BLBX) announced that its merger target REalloys has acquired PMT Critical Metals Inc. through a share exchange representing 14% of REalloys outstanding stock. The acquisition, completed March 31, 2025, includes PMT's Ohio-based facility that produces rare earth metals and magnet materials for the US Defense Logistics Agency and Department of Energy.
The deal encompasses production equipment, intellectual property, R&D, existing contracts, and clients. The facility specializes in metallization of rare earth oxides and production of high-performance neodymium iron boron (NdFeB) magnet materials. This acquisition follows REalloys' May 2024 purchase of Strategic Metals Development, which owns the Hoidas Lake Rare Earth Element Project in Saskatchewan, containing 2,153,000 metric tonnes of Total Rare Earth Oxides at 1.906%.
The strategic move strengthens North America's integrated rare earth mine-to-magnet supply chain, particularly significant given China's recent tariffs and export restrictions on rare earth elements and NdFeB magnets.
Blackboxstocks (NASDAQ: BLBX) ha annunciato che il suo obiettivo di fusione, REalloys, ha acquisito PMT Critical Metals Inc. attraverso uno scambio di azioni che rappresenta il 14% delle azioni in circolazione di REalloys. L'acquisizione, completata il 31 marzo 2025, include l'impianto di PMT situato in Ohio, che produce metalli rari e materiali magnetici per l'Agenzia Logistica della Difesa degli Stati Uniti e il Dipartimento dell'Energia.
L'accordo comprende attrezzature di produzione, proprietà intellettuale, ricerca e sviluppo, contratti esistenti e clienti. L'impianto è specializzato nella metallizzazione degli ossidi di terre rare e nella produzione di materiali magnetici ad alte prestazioni in neodimio ferro boro (NdFeB). Questa acquisizione segue l'acquisto da parte di REalloys, nel maggio 2024, di Strategic Metals Development, che possiede il Progetto di Elementi delle Terre Rare di Hoidas Lake in Saskatchewan, contenente 2.153.000 tonnellate metriche di ossidi totali di terre rare con una percentuale dell'1,906%.
Questa mossa strategica rafforza la catena di approvvigionamento integrata di terre rare da miniera a magnete in Nord America, particolarmente significativa date le recenti tariffe e restrizioni all'esportazione della Cina su elementi delle terre rare e magneti NdFeB.
Blackboxstocks (NASDAQ: BLBX) anunció que su objetivo de fusión, REalloys, ha adquirido PMT Critical Metals Inc. a través de un intercambio de acciones que representa el 14% de las acciones en circulación de REalloys. La adquisición, completada el 31 de marzo de 2025, incluye la instalación de PMT ubicada en Ohio, que produce metales raros y materiales magnéticos para la Agencia de Logística de Defensa de EE. UU. y el Departamento de Energía.
El acuerdo abarca equipos de producción, propiedad intelectual, I+D, contratos existentes y clientes. La instalación se especializa en la metalización de óxidos de tierras raras y la producción de materiales magnéticos de alto rendimiento de neodimio hierro boro (NdFeB). Esta adquisición sigue a la compra de REalloys en mayo de 2024 de Strategic Metals Development, que posee el Proyecto de Elementos de Tierras Raras de Hoidas Lake en Saskatchewan, que contiene 2,153,000 toneladas métricas de óxidos totales de tierras raras al 1.906%.
Este movimiento estratégico fortalece la cadena de suministro integrada de tierras raras de mina a imán en América del Norte, especialmente significativa dado los recientes aranceles y restricciones a la exportación de China sobre elementos de tierras raras y imanes NdFeB.
Blackboxstocks (NASDAQ: BLBX)는 그 합병 목표인 REalloys가 PMT Critical Metals Inc.를 주식 교환을 통해 인수했다고 발표했습니다. 이는 REalloys의 발행 주식의 14%를 차지합니다. 2025년 3월 31일에 완료된 이번 인수는 미국 방위 물류국과 에너지부를 위한 희토류 금속 및 자석 재료를 생산하는 PMT의 오하이오 기반 시설을 포함합니다.
이번 거래에는 생산 장비, 지적 재산권, 연구 개발, 기존 계약 및 고객이 포함됩니다. 이 시설은 희토류 산화물의 금속화 및 고성능 네오디뮴 철 붕소(NdFeB) 자석 재료의 생산을 전문으로 합니다. 이 인수는 REalloys가 2024년 5월에 사스카추완에 있는 호이다스 호수 희토류 원소 프로젝트를 소유한 Strategic Metals Development를 인수한 이후 이루어진 것입니다. 이 프로젝트는 1.906%의 비율로 총 2,153,000 메트릭 톤의 희토류 산화물을 포함하고 있습니다.
이 전략적 움직임은 최근 중국의 희토류 원소 및 NdFeB 자석에 대한 관세 및 수출 제한을 고려할 때 북미의 통합된 희토류 광산에서 자석으로의 공급망을 강화합니다.
Blackboxstocks (NASDAQ: BLBX) a annoncé que son objectif de fusion, REalloys, a acquis PMT Critical Metals Inc. par le biais d'un échange d'actions représentant 14 % des actions en circulation de REalloys. L'acquisition, finalisée le 31 mars 2025, comprend l'installation de PMT située dans l'Ohio, qui produit des métaux rares et des matériaux magnétiques pour l'Agence logistique de défense des États-Unis et le Département de l'énergie.
L'accord comprend des équipements de production, des droits de propriété intellectuelle, de la recherche et développement, des contrats existants et des clients. L'installation est spécialisée dans la métallisation des oxydes de terres rares et la production de matériaux magnétiques haute performance en néodyme fer bor (NdFeB). Cette acquisition fait suite à l'achat par REalloys, en mai 2024, de Strategic Metals Development, qui possède le projet d'éléments de terres rares de Hoidas Lake en Saskatchewan, contenant 2 153 000 tonnes métriques d'oxydes de terres rares totaux à 1,906 %.
Ce mouvement stratégique renforce la chaîne d'approvisionnement intégrée des terres rares, de la mine au magnétisme en Amérique du Nord, ce qui est particulièrement significatif compte tenu des récentes taxes et restrictions à l'exportation de la Chine sur les éléments de terres rares et les aimants NdFeB.
Blackboxstocks (NASDAQ: BLBX) gab bekannt, dass sein Fusionsziel REalloys PMT Critical Metals Inc. durch einen Aktienaustausch erworben hat, der 14% der ausstehenden Aktien von REalloys repräsentiert. Die Übernahme, die am 31. März 2025 abgeschlossen wurde, umfasst die in Ohio ansässige Anlage von PMT, die seltene Erden und Magnetmaterialien für die US Defense Logistics Agency und das Energieministerium produziert.
Das Geschäft umfasst Produktionsanlagen, geistiges Eigentum, Forschung und Entwicklung, bestehende Verträge und Kunden. Die Anlage ist auf die Metallisierung von seltenen Erdenoxiden und die Produktion von Hochleistungsneodym-Eisen-Bor (NdFeB) Magnetmaterialien spezialisiert. Diese Übernahme folgt dem Kauf von Strategic Metals Development durch REalloys im Mai 2024, das das Hoidas Lake Rare Earth Element Project in Saskatchewan besitzt, das 2.153.000 metrische Tonnen Gesamtgehalte an seltenen Erden mit 1,906% enthält.
Dieser strategische Schritt stärkt die integrierte Lieferkette für seltene Erden von der Mine bis zum Magneten in Nordamerika, was angesichts der jüngsten Zölle und Exportbeschränkungen Chinas auf seltene Erden und NdFeB-Magnete besonders bedeutend ist.
- Strategic acquisition provides access to US government contracts (DLA and DOE)
- Secures vital position in North American rare earth supply chain
- Acquisition includes valuable IP and existing customer contracts
- Integration with Hoidas Lake project creates mine-to-magnet capability
- Timing advantageous due to China's export restrictions
- 14% dilution of REalloys shares for acquisition
- Integration costs and operational risks of combining operations
- Heavy dependence on government contracts
Insights
This acquisition represents a significant strategic development in Blackboxstocks' transformation journey. REalloys' acquisition of PMT Critical Metals creates a more vertically integrated rare earth supply chain target for Blackboxstocks' pending merger, potentially enhancing BLBX's future value proposition.
The transaction structure—a share exchange representing
The strategic timing is noteworthy amid China's recently imposed export restrictions on rare earth elements. REalloys is positioning as a domestic supplier to US Protected Markets—defense, nuclear, and critical infrastructure sectors—where secure North American supply chains are mandated by federal requirements.
The Hoidas Lake resource (2,153,000 metric tonnes at
For BLBX shareholders, this pre-merger enhancement of REalloys' capabilities and market positioning could strengthen the combined entity's competitive advantage in an increasingly strategic sector. The acquisition demonstrates forward momentum in REalloys' business development ahead of the BLBX merger completion.
This acquisition sits at the nexus of national security and industrial policy. The rare earth magnet market represents a critical vulnerability in US defense and technology supply chains that this transaction directly addresses.
Neodymium iron boron (NdFeB) magnets are essential components in precision-guided weapons, radar systems, satellites, and numerous defense applications. China's dominance in this space—recently reinforced through export restrictions—has created urgent security concerns that the Pentagon has identified as a strategic weakness.
PMT Critical Metals brings immediate legitimacy through its existing relationships with the Defense Logistics Agency and AMES National Laboratory. These aren't merely commercial customers but strategic partners in developing domestic supply resilience.
The acquisition of Andrew Sherman, characterized as a "national metallurgical engineering treasure," represents intellectual capital potentially as valuable as the physical assets. The specialized knowledge of rare earth metallization and magnet production is exceedingly rare in the US industrial base.
REalloys' integrated approach—now spanning Canadian mining assets to Ohio-based production—creates a complete non-Chinese supply chain for these critical materials. The Trump administration's executive directive on essential minerals signals potential policy tailwinds, including possible defense production incentives, expedited permitting, and preferential procurement frameworks.
For Blackboxstocks, this positions their merger target at the forefront of a resurgent US critical materials strategy with both commercial applications and national security implications—a sector likely to see increased investment and policy support regardless of administration changes.
Ohio based PMT Critical Metals Inc. Produces Rare Earth Magnet Materials for the US Defense Logistics Agency and the US Department of Energy
Strategic Acquisition Strengthens North American Integrated Rare Earth Mine-to-Magnet Supply Chain
DALLAS, April 09, 2025 (GLOBE NEWSWIRE) -- Blackboxstocks Inc. (NASDAQ: BLBX), (“Blackbox” or the “Company”), a financial technology provider and social media hybrid, announced that its merger target REalloys Inc. (“REalloys”), has acquired
The facility based in Euclid Ohio produces rare earth metals and magnet materials for the US Defense Logistics Agency (the “DLA”), the US Department of Energy’s (the “DOE”) AMES National Laboratory (“AMES”) and other magnet industry clients. This facility has the industry specific resources required for the metallization of rare earth oxides to rare earth metals and the production of high-performance neodymium iron boron (“NdFeB”) magnet materials and magnets. We believe this facility will play a pivotal role in conjunction with the recent executive directive on essential minerals issued by the Trump Administration offering a critical North American based supply of vital magnets that are key to powering both modern industry and national defense systems — all produced right here in America’s heartland.
REalloys is singularly focused on meeting the demands of United States Protected Markets for high-performance NdFeB magnet materials and magnets, which includes US National Defense Stockpiles (“NDS”), US Defense Industrial Base (“DIB”), US Nuclear Industrial Base (“NIB”), robotics, electric aviation and critical infrastructure industries.
Magnet materials and magnets provided to and utilized by the US Protected Markets are either required under federal laws to be, or reasonably expected to be, sourced from a verified North American supply chain. US national security concerns to secure a reliable and resilient supply of North American critical materials are especially relevant in the current climate given China recently imposed tariffs and export restrictions on rare earth elements and NdFeB magnets.
REalloys’ mission to become a fully integrated North American producer of high-performance magnets commenced in May 2024 when it acquired
David Argyle, Chief Executive Officer of REalloys, stated, “This acquisition is pivotal in securing REalloys’ role as a critical supplier for US Protected Markets of magnet materials and magnets with a resilient North America supply chain. PMTCM brings with it world-class technical capabilities and an experienced leadership team. We are particularly excited to welcome Andrew Sherman, CEO & President of PMTCM, into our team as he is one of the United States national metallurgical engineering treasures and should be given all the resources and support needed to return the US to a world class dominating high-performance magnet producing nation.”
“This is a transformative moment for PMTCM,” said Andrew Sherman. “This transaction with REalloys positions us to scale operations, accelerate innovation, and meet urgent national priorities for a secure, domestic magnet supply chain.”
About REalloys Inc.
REalloys Inc. is an integrated company focused on the development and production of rare earth elements, with a primary asset in its
About PMT Critical Metals Inc.
PMT Critical Metals Inc. (PMTCM), based in Euclid, Ohio, is a specialized producer of rare earth metals and neodymium iron boron (NdFeB) magnet materials and magnets used in high-performance and defense-critical applications. PMTCM was formed through the acquisition of core assets, contracts, and operations from Powdermet Inc., a metallurgical R&D and advanced materials firm with over 25 years of experience. Operating from a 54,000-square-foot facility, PMTCM has the infrastructure and technical capabilities required for the metallization of rare earth oxides into purified metals, and to produce complex magnetic alloys and magnets.
About Blackboxstocks Inc.
Blackboxstocks Inc. is a financial technology and social media hybrid platform offering real-time proprietary analytics and news for stock and options traders of all levels. Our web-based software employs "predictive technology" enhanced by artificial intelligence to find volatility and unusual market activity that may result in the rapid change in the price of a stock or option. Blackbox continuously scans the NASDAQ, New York Stock Exchange, CBOE, and all other options markets, analyzing over 10,000 stocks and up to 1,500,000 options contracts multiple times per second. We provide our users with a fully interactive social media platform that is integrated into our dashboard, enabling our users to exchange information and ideas quickly and efficiently through a common network. We recently introduced a live audio/screenshare feature that allows our members to broadcast on their own channels to share trade strategies and market insight within the Blackbox community. Blackbox is a SaaS company with a growing base of users that spans over 40 countries; current subscription fees are
Safe Harbor Clause and Forward-Looking Statements
This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “expose,” “intend,” “may,” “might,” “opportunity,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would” and similar expressions that convey uncertainty of future events or outcomes are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.
The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us. Future developments affecting us may not be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) and other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, (a) those factors described under the heading “Risk Factors” in our filings with the SEC, including our reports on Forms 10-K, 10-Q, 8-K and other filings that we make with the SEC from time to time; (b) that the Company and REalloys may be unable to complete the proposed Merger and related transactions because, among other reasons, conditions to the closing of the proposed transaction may not be satisfied or waived; (c) uncertainty as to the timing of completion of the proposed Merger and related transactions; (d) the inability to complete the proposed transaction due to the failure to obtain Company stockholder approval for the proposed Merger and related transactions or the failure to satisfy other conditions to completion of the proposed Merger and related transactions; (e) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement; (f) risks related to disruption of management’s attention from the Company’s ongoing business operations due to the proposed transaction; (g) the effect of the announcement of the proposed transaction on the Company’s relationships with its customers and suppliers, and on its operating results and business generally and (h) the outcome of any legal proceedings to the extent initiated against Company, REalloys or others following the announcement of the proposed transaction, as well as the Company’s and REalloys’ management's response to any of the aforementioned factors. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. These risks and others described under “Risk Factors” in our SEC filings may not be exhaustive.
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Blackbox uses and intends to continue to use its Investors website at https://blackboxstocks.com/company-overview as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD. Accordingly, investors should monitor the Company’s Investors website, in addition to following the Company’s press releases, SEC filings, public conference calls, presentations and webcasts.
Contacts:
PCG Advisory
Jeff Ramson
(646) 863-6893
jramson@pcgadvisory.com
REalloys Inc.
info@realloys.com
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