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Pentagon Bets Big On Rare Earths with MP Materials Stake
tippinsights.com/pentagon-bets-big-on-rare-earths-with-mp-materials-stake
The Department of Defense will become the largest shareholder in MP Materials after agreeing to purchase $400 million in preferred stock, the company announced Thursday. Shares surged more than 40% following the news.
The investment will fund expansion at Mountain Pass, California — the…
This story appeared on tippinsights.com, 2025-07-10 13:18:15.