Pentagon Becomes Largest Shareholder in MP Materials to Secure U.S. Rare Earth Supply Chain
📍 Washington, D.C. — July 11, 2025In a landmark move to reduce U.S. dependence on Chinese rare earths, the Department of Defense (DoD) has invested $400 million in MP Materials, acquiring a 15% stake and becoming the company’s largest shareholder. The strategic partnership aims to establish a fully domestic mine-to-magnet supply chain, critical for defense […]
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