Forbes
In July, the Defense Department made an unusual move for a federal U.S. agency when it purchased $400 million of newly created shares, plus warrants to buy additional stock, in the rare earths miner MP Materials. As part of the deal, the DoD also signed a 10-year agreement to buy rare earth magnets from MP
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Trump’s Trade War Mints An Unlikely New American Mining Billionaire
John Hyatt
04:23
In July, the Defense Department made an unusual move for a federal U.S. agency when it purchased $400 million of newly created shares, plus warrants to buy additional stock, in the rare earths miner MP Materials. As part of the deal, the DoD also signed a 10-year agreement to buy rare earth magnets from MP
