Department of Defense, MP Materials
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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 ...
MP Materials has announced plans to expand rare earth mining and processing operations as Washington seeks to end its dependence on Chinese supplies.
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.
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Cryptopolitan on MSNMP Materials surges to 52-week high on securing $500m Apple contractApple and MP Materials unveiled a $500 million deal to bolster the iPhone maker’s domestic supply chain for rare‑earth magnets.
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’ domestic processing capabilities will reduce commercialization risk and improve America’s economic and national security. ...
MP Materials' stock surged 50% after a transformative Department of Defense deal. Click here to find out why I rate MP stock as a hold at current prices.
In a decisive action to bolster the U.S. supply chain for rare earth magnets—essential elements for fighter jets, missiles, and electric vehicles—the