Pentagon Becomes MP Shareholder

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Pentagon, rare earths

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 producers to compete with China.

NDTV on MSN · 3d

Pentagon Becomes Top Shareholder In Only Active US Rare Earth Producer

The US Department of Defence has acquired a 15 per cent stake in MP Materials, America's only operational rare earth mine, to boost domestic production and reduce reliance on Chinese-controlled supply chains.

The Washington Post on MSN · 7d

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 domestic sources of the critical minerals.

7don MSN

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 ...

MP Materials stock surges as Pentagon becomes top shareholder

Rare-earth firm MP Materials (MP) stock is skyrocketing after the company announced a deal for the US Department of Defense ...

6don MSN

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 ...

7don MSN

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 ...

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, ...

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