Pentagon Becomes MP Shareholder

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Pentagon, rare earths

Pentagon to become largest shareholder in rare earth miner MP Materials; shares surge 50%

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.

· 3d · on MSN

Pentagon Becomes Top Shareholder In Only Active US Rare Earth Producer

· 7d · on MSN

Pentagon takes $400 million stake in rare-earth miner

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Apple Invests $500M to Secure US Supply of Rare Earth Magnets

Apple is investing $500 million in the mining company MP Materials to secure a domestic supply of rare earth magnets for its devices.

Marketplace · 1d

Department of Defense directly invests in U.S.-based rare earth mining company

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Apple just spent $500 million to source a material that’s critical for iPhones from the US

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Apple inks $500 million rare earth magnet deal to bring supply back to US

The investment is part of a broader push to bring the production of its coveted iPhones to the United States and boost U.S. manufacturing amid a push from the Trump administration to cut reliance on ...

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Why Ramaco Says It Can Beat Its Government-Backed Rival For Rare Earth Supremacy

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Apple Strikes $500 Million Deal to Buy Rare Earths From U.S. Supplier

MP Materials launches $500M stock offering

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· 23h · on MSN

MP Materials launches $500M stock offering after surging to record high

The company said it plans to use the proceeds to fund the acceleration and expansion of its operations, including the 10X Facility, for strategic growth opportunities and for general corporate purpos...

· 7d

MP Materials stock surges as Pentagon becomes top shareholder

· 21h

MP Materials' Shares Down After Launching $500M Offering

7don MSN

U.S. Becomes Largest Shareholder In MP Materials—Rare Earth Miner—To Counter China

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 has curbed its rare earth exports amid a trade war with the U.S.

6don MSN

MP Materials CEO on deal with the Defense Department

James Litinsky, MP Materials chairman and CEO, joins CNBC's 'Squawk on the Street' to discuss the company's deal with the Defense Department, in which the Pentagon will become the largest shareholder in the rare earth miner.

7don MSN

MP Materials soars on partnership that makes Pentagon the company's largest shareholder

MP Materials announces a public-private partnership with the US Department of Defense to accelerate the build-out of an end-to-end US rare earth magnet supply chain.