U.S. Invests 15% in MP Materials Amid Rare Earth Metals Reserve Initiative

The US government has taken a 15% equity stake in MP Materials, expanding government contracts and a push to grow US-based rare earth mining, processing, and magnet production. The investment reflects a broader policy focus on securing critical minerals supply chains tied to defense and clean energy applications. The government's stake and contracts may influence MP's capital allocation between mining, processing, and magnet capacity in the US.