MP Materials Deepens Ties To US Policy With DoD Stake And Offtake
MP Materials (NYSE:MP) has secured a new Department of Defense investment that makes the U.S. government its largest shareholder. The deal includes a 10 year off take agreement for rare earth magnets produced at MP's new U.S. factory. MP Materials has been assigned a central role in the new U.S. national critical minerals strategy, including expected supply into government initiatives such as Project Vault. MP Materials, ticker NYSE:MP, operates across the rare earths supply chain, from...
MP Materials (NYSE:MP) has secured a new Department of Defense investment that makes the U.S. government its largest shareholder. The deal includes a 10 year off take agreement for rare earth magnets produced at MP's new U.S. factory. MP Materials has been assigned a central role in the new U.S. national critical minerals strategy, including expected supply into government initiatives such as Project Vault. MP Materials, ticker NYSE:MP, operates across the rare earths supply chain, from...