MP Materials Announces Transformational Public-Private Partnership with the Department of Defense to Accelerate U.S. Rare Earth

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  Posted by Two Blokes Jul 10 - Filed in Stock - 2 views
  
  LAS VEGAS--(BUSINESS WIRE)---- $MP--MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) today announced it has entered into a transformational public-private partnership with the United States Department of Defense (“DoD”) to dramatically accelerate the build-out of an end-to-end U.S. rare earth magnet supply chain and reduce foreign dependency. With a multibillion-dollar package of investments and long-term commitments from DoD, MP Materials will construct the Company's second domestic mag.