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MP Materials - Department of Defense partnership

Gayatri Kannan, Sangita
; 
Colorado School of Mines. Payne Institute for Public Policy
; 
Handler, Brad
; 
Lange, Ian
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2025-07-30
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Publications - Payne Institute
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Payne-Institute-Commentary-Explainer-on-the-MP-Materials-Department-of-Defense-Partnership.pdf
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https://hdl.handle.net/11124/180955
 https://doi.org/10.25676/11124/180955
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Abstract
Earlier this month, MP Materials Corp. (MP), the U.S.'s only producing rare-earth mining company, announced a partnership with the U.S. Department of Defense (DoD). The partnership involves a large equity investment, profit sharing provisions, price guarantee, and an offtake agreement and, by enabling a massive expansion of MP's magnet production capacity, it provides a basis for MP to both meet domestic defense needs for the foreseeable future and to make U.S. rare-earths magnet manufacturing competitive globally.
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