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The $400 million investment will create a domestic supply chain for materials used in fighter jets and missiles.
However, it’s not just the government rushing to ensure rare earth supply. Apple (NASDAQ: AAPL) has one-upped the Pentagon by ...
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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Barchart on MSNThe Pentagon Just Made a Huge Bet on MP Materials. How Should You Play MP Stock Here?MP Materials (MP) shares are trading nearly 50% higher today after the Defense Department announced a massive investment in ...
MP Materials has a large amount of cash at hand and strong demand for rare earth magnets, with new partnerships announced.
Interior Secretary Doug Burgum said in April the Trump administration was considering equity investments in critical mineral ...
An Historic Public-Private Partnership The U.S. Defense Dept. announced yesterday it was making a multibillion-dollar ...
According to the agreement, the Department of Defense will purchase $400 million of a newly created series of preferred stock ...
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 ...
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