Negative
26Serious
Neutral
Optimistic
Positive
- Total News Sources
- 8
- Left
- 1
- Center
- 2
- Right
- 1
- Unrated
- 4
- Last Updated
- 3 hours ago
- Bias Distribution
- 50% Center


Pentagon Invests $400M in MP Materials for Magnets
The Pentagon has become the largest shareholder in MP Materials by investing $400 million in preferred stock as part of a multibillion-dollar public-private effort to boost U.S. rare earth magnet production. The investment will fund a new magnet manufacturing facility with a 10,000 metric ton capacity, expected to open by 2028, and upgrades at MP's Mountain Pass mine. The Department of Defense will guarantee prices and purchases for 10 years, ensuring a stable market for MP's products. This initiative aims to reduce U.S. reliance on China, which recently restricted rare earth exports, causing supply chain disruptions. The move is part of a broader U.S. strategy to secure critical minerals for defense and commercial industries. MP Materials' shares surged over 50% on the news, underscoring investor confidence in the strengthened domestic supply chain.




- Total News Sources
- 8
- Left
- 1
- Center
- 2
- Right
- 1
- Unrated
- 4
- Last Updated
- 3 hours ago
- Bias Distribution
- 50% Center
Negative
26Serious
Neutral
Optimistic
Positive
Related Topics
Stay in the know
Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Gift Subscriptions
The perfect gift for understanding
news from all angles.