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MP Materials stock surges as Pentagon becomes top shareholder
Rare-earth firm MP Materials (MP) stock is skyrocketing after the company announced a deal for the US Department of Defense to buy $400 million of company shares. The Pentagon will be the company's largest shareholder as part of the US government's efforts to reduce China's rare earth metal dominance.
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Pentagon’s Rare Earth Investment Redefines U.S. Military Supply Chains and Geopolitical LeverageProtect the supply lines. This is a fundamental military tenet. Cut the supply lines and an adversary is weakened, vulnerable ...
The Defense Department on Thursday became the largest shareholder in MP Materials, which owns the only rare earth mine in the ...
An Historic Public-Private Partnership The U.S. Defense Dept. announced yesterday it was making a multibillion-dollar ...
Shares of the little-known mining company soared on Thursday on news that the Pentagon would become the largest shareholder.
MP Materials unveiled a multibillion-dollar deal with the U.S. government on Thursday to boost output of rare earth magnets ...
MP Materials Corp. (NYSE:MP) is one of the stocks that are flying past expectations. MP Materials soared 50.62 percent on ...
The Pentagon’s investment in MP Materials positions the U.S. to control critical rare earth minerals, disrupting China’s ...
MP Materials' stock surged 50% after a transformative Department of Defense deal. Click here to find out why I rate MP stock ...
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