The Defense Department is buying $400 million of stock in rare-earth mining company MP Materials as it seeks to boost ...

The government’s move aims to boost domestic rare earth production, which is currently dominated by China. Unlike MP ...

The Defense Department will buy $400 million of preferred stock in MP Materials. MP Materials owns the only operational rare ...

MP Materials MP stock hit a 52-week high of $48.12 yesterday before closing the session lower at $45.23. The stock’s gain has been fueled by the news that MP has entered into a public-private ...

Deal will make the US Department of Defense the largest shareholder in MP, the sole domestic producer of rare earth elements.

Beijing’s chokehold on rare earths stalled the US trade war. Even Nevada-based MP Materials, which went public via shell ...

MP Materials owns and operates the only active rare earth mine in the United States —the Mountain Pass site in California, ...

As a result of the agreement, the Department of Defense is poised to become the largest shareholder of MP Materials stock. Should potential investors follow Uncle Sam's lead?

NYSE-listed MP Materials on Thursday announced a landmark public-private partnership with the US Department of Defense (DoD), ...

The Defense Department will become the largest shareholder in rare earth miner MP Materials after agreeing to buy $400 ...

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.