Company’s stock rallies on U.S. support to build the 10X Facility as its second domestic magnet-manufacturing plant ...

Key Takeaways MP Materials stock soared 50% Thursday morning after it came to an agreement with the Department of Defense.The DoD will become MP's largest shareholder, taking a stake of up to 15% in ...

Apple has signed a $500 million deal with MP Materials to secure a long-term supply of rare earth magnets, a move aimed at ...

Apple and MP Materials unveiled a $500 million deal to bolster the iPhone maker’s domestic supply chain for rare‑earth ...

Shares of the mining company soared as high as $48.12, closing up about 51% at $45.23 apiece, while the S&P 500 and Dow Jones ...

MP Materials has announced plans to expand rare earth mining and processing operations as Washington seeks to end its ...

MOUNTAIN PASS, Calif., April 22, 2020 /PRNewswire/ -- MP Materials, owner and operator of Mountain Pass, the only rare earth mining and processing site in North America, was chosen by the U.S ...

MP Materials partners with DoD to build a rare earth magnet supply chain, backed by $1.55 billion in funding and a long-term ...

In a separate contract awarded in December 2020, the DoD committed $9.6 million to MP Materials’ Stage II optimization, a project underway to restore LREE processing capabilities to Mountain Pass.

The Defense Department will buy a 15% stake in MP Materials and fund the construction of a magnet-making facility, all with ...

The Department of Defense (DoD) awarded a $35 million contract to MP Materials Corp. (MP) of Las Vegas, Nevada to design and build a facility to process heavy rare earth elements ... MP Materials’ ...

MP Materials currently operates the world’s second-largest rare earth mine in Mountain Pass, California, where it extracts, refines, and separates rare earth materials. The Company is commissioning a ...