SRC is teaming up with REalloys to build the largest heavy rare earth metallization facility (HREMF) outside of China. The equipment for this facility will be built in Saskatoon, but is anticipated to move to Ohio following commissioning and initial test runs.
This project builds on the partnership with REalloys that we first announced in December 2025, which will see REalloys invest in expanded production capacity at SRC’s Rare Earth Processing Facility in Saskatoon, Sask., in exchange for 80 per cent of the facility’s output. Once in full operation, SRC’s Facility is anticipated to produce high-purity Neodymium-Praseodymium (NdPr) metal and Dy and Tb oxides, which will then be further processed and metallized at REalloys’ HREMF.
SRC’s Rare Earth Processing Facility, the first and largest commercial-scale rare earth processing facility in North America, provides the proven technical and operational base for this project, ensuring the Ohio facility moves directly into commercial production.