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In 2025, the U.S. Department of Defense (DoD) agreed to buy $400 million of preferred stock in MP Materials. This investment supports the expansion of its processing capacity and the construction of a ...
However, it’s not just the government rushing to ensure rare earth supply. Apple (NASDAQ: AAPL) has one-upped the Pentagon by ...
The $400 million investment will create a domestic supply chain for materials used in fighter jets and missiles.
MP Materials announced a $500 million deal with Apple to supply recycled rare earth magnets for iPhones and other tech products, according to AP. The deal follows a $400 million Pentagon investment ...
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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, which runs the only American rare earths mine, announced a new $500 million agreement with tech giant Apple on ...
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 ...
MP Materials has a large amount of cash at hand and strong demand for rare earth magnets, with new partnerships announced.
On Thursday, the United States Department of Defense (DOD) entered a major deal with MP Materials. The DOD agreed to buy $400 ...
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