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MP Materials Stock Surges 50% on Rare Earths Contract With Defense Department
investopedia.com/mp-materials-stock-surges-50-percent-on-rare-earths-contract-with-defense-department-11769526
Key Takeaways
- MP Materials stock soared 50% Thursday morning after it came to an agreement with the Department of Defense.
- The DoD will become MP's largest shareholder, taking a stake of up to 15% in the rare earth miner.
- It has also committed to becoming a long-term customer of…
This story appeared on investopedia.com, 2025-07-10 19:40:28.459000.