US Edition
Pentagon Becomes Largest Stakeholder in MP Materials After $400 Million Stake
MOUNTAIN PASS, CALIFORNIA, UNITED STATES, JUL 09 – The Pentagon's $400 million investment secures a 15% stake in MP Materials to expand U.S. rare earth magnet production and reduce dependence on Chinese imports, officials said.
- The US government will become the biggest shareholder in MP Materials, the only operational rare earths mine, as a result of a $400 million investment.
- Under the ten-year deal, MP Materials will receive a minimum price of $110 per kg for neodymium and praseodymium output.
- As part of the agreement, MP Materials will establish a new US facility to enhance the processing of raw materials from the mine.
- This initiative represents a significant action by the Trump administration to boost American supply chain independence.
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Conservative Daily NewsPentagon Takes Major Step To Counter China’s Chokehold On Critical Minerals
By Wallace White, Daily Caller News Foundation | July 10, 2025 The Pentagon is poised to become the largest shareholder of MP Minerals, America’s only rare earth mineral company with an operational mine, the corporation announced Thursday. The Department of Defense (DOD) will purchase $400 million of stock in MP Minerals, which operates the only U.S.-based rare earth minerals mine in Mountain Pass, California, according to the company’s announce…
Pentagon becomes largest shareholder in rare earth mining company
MP Materials announced on Thursday that the Department of Defense is set to become the largest shareholder in the rare earth mining company after finalizing an agreement to purchase $400 million of the company’s preferred stock. In a Thursday press release, MP Materials confirmed it has “entered into a transformational public-private partnership” with the Department of Defense to “dramatically accelerate the build-out of an end-to-end U.S. rare …
In the U.S., the U.S. Department of Defense will invest $400 million in "MP Materials", an American company specializing in rare earth mining. A strategic investment and an unusual acquisition of ownership of the Pentagon, which thus becomes the company's first shareholder.
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