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U.S. DoD investing USD 400 million in MP Materials for rare earths
On July 10, rare-earth mining company MP Materials CEO Jim Litinsky said that the U.S. Department of Defense (DoD) will become its largest shareholder by buying USD 400 million of its stock and providing another USD 150 million loan.
Las Vegas-based MP Materials owns the only rare-earth mine in the U.S., at Mountain ....
Las Vegas-based MP Materials owns the only rare-earth mine in the U.S., at Mountain ....
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