I dont know how it is made...but it is indeed available. It was released right after the BCA tourney Vegas in May of this year. Ive played with it and I think it rolls much more consistant than other Valley balls. it does not have the same plug that the standard Valley ball has in it that causes it to roll off after a relatively small number of breaks.
This new Aramith ball seems to play pretty well and does not have the same problem.
Just My Humble Opinion.