The reaction of H{PhB(Ox Me2 ) 2 C 5 H 5 } (Ox Me2 = 4,4-dimethyl-2oxazoline) with Nd(AlMe 4 ) 3 (1) provides Me 2 Al{(Ox Me2 ) 2 PhBCp}Nd(AlMe 4 ) 2 (2) as a heterobimetallic complex containing inequivalent organoaluminum sites. The piano-stool coordination geometry around Nd includes a rare O-bonded oxazoline, while both oxazolines coordinate to AlMe 2 as part of a 6-membered, nonplanar BC 2 N 2 Al ring. The zwitterionic κ 2 -Ph(C 5 H 5 )B(Ox Me2 ) 2 AlMe 2 (3), formed by the protolytic reaction of H{PhB(Ox Me2 ) 2 C 5 H 5 } and (AlMe 3 ) 2 , also provides 2 upon reaction with Nd(AlMe 4 ) 3 . Compounds 1−3 are precatalysts for the selective metalation of terminal alkynes by trialkylaluminums to yield (alkynyl)dialkylalanes of the type R′CC−AlR 2 , which are valuable as alkynyl transfer reagents. This catalytic reaction provides metalation products exclusively, as compared to the mixture of products from uncatalyzed processes. In addition, heteroleptic heterobimetallic 2 is a superior catalyst to 1 and 3. Article pubs.acs.org/Organometallics