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The Defense Department is buying $400 million of stock in rare-earth mining company MP Materials as it seeks to boost ...
Interior Secretary Doug Burgum said in April the Trump administration was considering equity investments in critical mineral ...
Deal will make the US Department of Defense the largest shareholder in MP, the sole domestic producer of rare earth elements.
Recent headlines including President Trump's 50% tariff on copper and the Pentagon's deal to buy a stake in rare earth ...
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Zacks Investment Research on MSNMP Materials Hits 52-Week High: Should You Buy, Hold or Sell?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 ...
The Defense Department last week agreed to buy a direct equity stake in MP Materials, the only rare earth miner in the U.S.
Rare earth stocks are shining brightly on investors' radars these days. Shares of USA Rare Earth (NASDAQ: USAR), for example, ...
Current MP Materials shareholders, JHL Capital Group and QVT Financial, will roll 100% of their existing equity holdings into equity of the combined company Board of Directors to include former ...
What happened. Rare earth company MP Materials saw a material jump in its share price Wednesday. The stock shot 6% higher thanks to ostensibly negative news from overseas. Such performance crushed ...
MP Materials is in the sweet spot of many high growth industries; climate technology, electrification, robotics and defense systems. The young company has shown it can operate at a profit and is ...
We doubt MP Materials shareholders are happy with the loss of 22% over twelve months. That falls short of the market, which lost 17%. There's no doubt that's a disappointment, ...
The Defense Department will become the largest shareholder in rare earth miner MP Materials after agreeing to buy $400 ...
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