
In a decisive turn, Morgan Stanley (MS), has upgraded MP Materials (MP) to “Overweight,” citing a newly confirmed “historic deal” that transforms the company from a mining play into a cornerstone of U.S. critical-materials security.
MP is being repositioned as a strategic asset in a global supply-chain recalibration, with backing from the U.S. Department of Defense (DOD) and a high-stakes joint venture aimed at building a fully domestic “mine-to-magnet” supply chain.