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The Defense Department is buying $400 million of stock in rare-earth mining company MP Materials as it seeks to boost ...
Deal will make the US Department of Defense the largest shareholder in MP, the sole domestic producer of rare earth elements.
MP Materials MP stock hit a 52-week high of $48.12 yesterday before closing the session lower at $45.23. The stock’s gain has been fueled by the news that MP has entered into a public-private ...
Interior Secretary Doug Burgum said in April the Trump administration was considering equity investments in critical mineral ...
Rare earth stocks are shining brightly on investors' radars these days. Shares of USA Rare Earth (NASDAQ: USAR), for example, ...
Beijing’s chokehold on rare earths stalled the US trade war. Even Nevada-based MP Materials, which went public via shell ...
It is well known that the USA wants to achieve its own secure supply of so-called rare earths, which are used in numerous ...
(Reuters) -MP Materials said on Thursday it has entered into a public-private partnership with the U.S. Department of Defense ...
As a result of the agreement, the Department of Defense is poised to become the largest shareholder of MP Materials stock. Should potential investors follow Uncle Sam's lead?
The Defense Department will become the largest shareholder in rare earth miner MP Materials after agreeing to buy $400 million of its preferred stock, the company said Thursday.
The Defense Department will become the largest shareholder in rare earth miner MP Materials after agreeing to buy $400 ...