All it needs is a new reciever, stock, barrel, bolt, etc.
FYI, if you replace the reciever, you are replacing the rifle, not rebuilding it.
The most likely explanation given the info is an underload with a slow powder, which resulted in an explosion (detonation, pressure excursion, etc.). While this has to date not been able to be reproduced under controlled conditions, it has happened, and will happen at unpredictable intervals.
The one rule here, and the only one we can say for certain is that you don't know what was in the last round. You only know what your friend the loader believes.
Unless you watch it being loaded, and know what you are looking at, shooting someone else's reloads is a poor idea.