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Pentagon, rare earths and MP Materials

U.S. Becomes Largest Shareholder In MP Materials—Rare Earth Miner—To Counter China

The Defense Department on Thursday became the largest shareholder in MP Materials, which owns the only rare earth mine in the U.S., amid a surge in demand for rare earths mined in the U.S. as China has curbed its rare earth exports amid a trade war with the U.S.

· 3d · on MSN

Pentagon takes $400 million stake in rare-earth miner

· 3d · on MSN

Pentagon to become largest shareholder in rare earth miner MP Materials; shares surge 50%

Zacks Investment Research on MSN1d

MP Materials Hits 52-Week High: Should You Buy, Hold or Sell?

MP Materials MP stock hit a 52-week high of $48.12 yesterday before closing the session lower at $45.23. The stock’s gain has been fueled by the news that MP has entered into a public-private ...

MINING.COM3d

MP Materials lands multi-billion Pentagon deal

Deal will make the US Department of Defense the largest shareholder in MP, the sole domestic producer of rare earth elements.

2dOpinion

Pentagon digs deep to mine SPAC of last resort

Beijing’s chokehold on rare earths stalled the US trade war. Even Nevada-based MP Materials, which went public via shell ...

NBC Bay Area3d

Pentagon to become largest shareholder in rare earth miner MP Materials ...

MP Materials owns the only operational rare earth mine in the U.S. at Mountain Pass, California, about 60 miles outside Las Vegas. Proceeds from the Pentagon investment will be used to expand MP ...

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