Earnings ·
REalloys Inc. reported second quarter 2026 financial results, posting net revenues of $0.8 million against a net loss…
ALOYRealloys Inc.
REalloys Inc. reported second quarter 2026 financial results, posting net revenues of $0.8 million against a net loss of $36.8 million, or $0.59 per diluted share. The widened loss was primarily driven by $32.1 million in non-cash stock-based compensation related to equity awards granted during its February 2026 public listing transition. The company closed a $100.0 million private placement of common stock in June, ending the quarter with $122.4 million in cash and maintaining a virtually debt-free balance sheet. Strategically, REalloys fully funded upgrades to its SRC Rare Earth Processing Facility targeting 525 tonnes of NdPr metal capacity and advanced engineering for a Heavy Rare Earth Metallization Facility. Additionally, the U.S. Army selected REalloys for exclusive negotiations regarding an Enhanced Use Lease at Tooele Army Depot in Utah. The company appointed Craig Cunningham as CFO effective June 24, 2026. REalloys Inc. operates in the rare earth materials industry, executing a mine-to-magnet strategy to supply critical minerals to U.S. defense and industrial sectors.