Aleon Metals Announces Major Restructuring and Financing to Bolster U.S. Critical Minerals Supply Chain

Aleon Metals Strengthens Its U.S. Position with New Financing

Aleon Metals, along with its subsidiaries - Gladieux Metals Recycling (GMR) and Aleon Renewable Metals (ARM) - has made significant strides in reinforcing its supply chain for critical minerals within the United States. On August 17, 2025, the company announced it has successfully secured $188 million in financing from bondholders and has initiated a restructuring process under Chapter 11 of the U.S. Bankruptcy Code.

This major financial backing, coupled with strong stakeholder confidence, is pivotal for Aleon as it navigates through the Chapter 11 proceedings. The primary aim of this restructuring is to maintain operations seamlessly while repositioning the company for future growth. This strategic move will allow Aleon to continue focusing on producing high-purity critical minerals that support various U.S. industries including those crucial for national security and clean energy.

Ensuring Operational Continuity

One of the significant aspects of Aleon's restructuring plan is its commitment to maintaining operational continuity. Employees will receive full wages and benefits throughout the process, reflecting the company’s dedication to its workforce. The Freeport, Texas facilities, a central hub for Aleon’s operations, are set to receive renewed investment aimed at expanding their production capabilities. This investment not only strengthens Aleon’s operational foundations but also enhances U.S. supply chains for critical minerals.

The recent DIP financing allows Aleon to carry on with normal business operations, showcasing the company’s resilience and determination to remain a competitive player in the critical minerals market. Roy Gallagher, Chief Restructuring Officer, expressed optimism, stating that this fresh capital infusion will enable Aleon to enhance its operations significantly.