MP Materials: The geopolitical bottleneck of Western Technology Supply Chains

MP Materials (MP) serves as the essential strategic backbone for Western independence in rare earth elements. At a time when geopolitical control over technological metals is becoming a national security issue, the company, as a leading player outside of China, covers the entire value chain – from mining to processing to magnet production. The ultimate structural moat is the unprecedented public-private partnership with the U.S. Department of Defense (DoD). With a 10-year purchase guarantee, a price floor of $110 per kilogram for NdPr, and a...