Critical Minerals Factbook
Federal instrument · Lease

U.S. Army conditional Enhanced Use Lease award to REalloys at Tooele Army Depot

A conditional award of a long-term Enhanced Use Lease (10 U.S.C. 2667) announced by the U.S. Army on June 25, 2026 under its Strategic Capital Initiatives, selecting REalloys to design, finance, build, and operate a dysprosium and terbium refining facility at Tooele Army Depot, Utah. Formal lease agreements are in negotiation, with development slated to begin as early as 2027 and Initial Operating Capability targeted by, or ahead of, 2028. Payment terms are not recorded: neither reachable source states a cash rent or other consideration figure, so terms.payment is omitted.

Facts on this page last re-verified Aug 11, 2026 — the oldest verification date among its current claims. How we verify.

Financial state: Conditional commitment

Program: Army Enhanced Use Leases (critical minerals) · U.S. Army

Terms

No term details are public. Absence of a figure means no source publishes one.

Immutable financial events

  1. Jun 25, 2026 · Conditional commitment

Operational milestones are displayed on the linked facility line, not duplicated in this ledger.

Sources