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MP Materials Corp.’s stock skyrocketed in early trading Thursday, after the rare-earth producer said it inked a ...
Key Takeaways MP Materials stock soared 50% Thursday morning after it came to an agreement with the Department of Defense.The DoD will become MP's largest shareholder, taking a stake of up to 15% in ...
MOUNTAIN PASS, Calif., April 22, 2020 /PRNewswire/ -- MP Materials, owner and operator of Mountain Pass, the only rare earth mining and processing site in North America, was chosen by the U.S ...
In a decisive action to bolster the U.S. supply chain for rare earth magnets—essential elements for fighter jets, missiles, ...
MP Materials has announced plans to expand rare earth mining and processing operations as Washington seeks to end its ...
In a separate contract awarded in December 2020, the DoD committed $9.6 million to MP Materials’ Stage II optimization, a project underway to restore LREE processing capabilities to Mountain Pass.
The Pentagon’s landmark deal with MP Materials has sparked a rare earths rally, reshaping U.S. supply chains and attracting ...
MP Materials partners with DoD to build a rare earth magnet supply chain, backed by $1.55 billion in funding and a long-term ...
The Defense Department will buy a 15% stake in MP Materials and fund the construction of a magnet-making facility, all with ...
Apple has signed a $500 million deal with MP Materials to secure a long-term supply of rare earth magnets, a move aimed at ...
Apple and MP Materials unveiled a $500 million deal to bolster the iPhone maker’s domestic supply chain for rare‑earth ...
The Department of Defense (DoD) awarded a $35 million contract to MP Materials Corp. (MP) of Las Vegas, Nevada to design and build a facility to process heavy rare earth elements ... MP Materials’ ...