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Benzinga
Benzinga
Business
Alan Farley

From Defense to Dollars: The Government's Play to Rebuild the Domestic Rare Earths Supply Chain

Small,Pile,Of,Minerals,Extracted,In,A,Rare,Earth,Mine

MP Materials (NYSE:MP) said it has entered a public-private partnership with the U.S. Department of Defense to shore up critically-important American rare earth supplies. 

Las Vegas based MP operates the only fully integrated rare earth mining and processing facility in the country. California's Mountain Pass mine is the second largest rare earth mine in the world, bought when MP was founded in 2017.  

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