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Pentagon to become largest shareholder in rare earth miner MP Materials; shares surge 50%
Interior Secretary Doug Burgum said in April the Trump administration was considering equity investments in critical mineral ...
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 ...
Pentagon takes $400 million stake in rare-earth miner
The Defense Department is buying $400 million of stock in rare-earth mining company MP Materials as it seeks to boost ...
MP Materials soars on partnership that makes Pentagon the company's largest shareholder
MP Materials announces a public-private partnership with the US Department of Defense to accelerate the build-out of an ...
MP Materials CEO on deal with the Defense Department
James Litinsky, MP Materials chairman and CEO, joins CNBC's 'Squawk on the Street' to discuss the company's deal with the ...
Marketplace18h
Department of Defense directly invests in U.S.-based rare earth mining company
The $400 million investment will create a domestic supply chain for materials used in fighter jets and missiles.
Washington Technology6d
Pentagon to become rare earth mining company's largest stockholder
The Defense Department will buy a 15% stake in MP Materials and fund the construction of a magnet-making facility, all with ...
Pentagon to keep working with US rare earths projects, US defense official says
The U.S. Department of Defense plans to continue working with rare earths companies to ensure diverse American supply of the ...
Why Did MP Materials Stock Jump 50% In A Single Day?
In a decisive action to bolster the U.S. supply chain for rare earth magnets—essential elements for fighter jets, missiles, ...
Apple inks $500 million raw materials deal to boost US supply chain
The deal, announced on Tuesday, guarantees Apple a steady flow of rare earths and magnets free from China, the world's ...