Pentagon to become largest shareholder in rare earth magnet producer MP Materials; shares surge 40%
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最新报道：The Pentagon is set to become the largest shareholder in MP Materials, a leading U.S. rare earth magnet producer, through a $35 million investment aimed at securing domestic supply chains for defense and tech industries. The deal, part of the Defense Production Act Title III program, will help reduce reliance on Chinese imports, which currently dominate 90% of the global market. MP Materials plans to use the funding to expand its production of high-performance magnets critical for electric vehicles, wind turbines, and military applications. The move aligns with broader U.S. efforts to bolster strategic mineral independence amid rising geopolitical tensions.
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