09:35 AM EDT, 10/13/2025 (MT Newswires) -- Blackboxstocks ( BLBX ) said Monday that its merger target, REalloys, has signed a letter of intent with Critical Metals (CRML) for a 10-year offtake agreement.

Blackboxstocks ( BLBX ) said the agreement calls for REalloys to receive up to 15% of the annual rare earth concentrate production from Critical Metals' Tanbreez project in Greenland.

Critical Metals said Wednesday that the companies are working toward a definitive agreement.

Shares of Critical Metals were up 16% in recent pre-bell activity on Monday, while those of Blackboxstocks ( BLBX ) were up more than 3%.