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MP News and Press, MP Materials Corp Cl A From 12/10/21

Stock Information

Company Name: MP Materials Corp Cl A
Stock Symbol: MP
Market: NYSE
Website: mpmaterials.com

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MP - Why MP Materials Stock Popped 9% Today

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MP - MP Materials to build magnet plant in Texas, supply GM electric vehicles

MP Materials (MP +11.2%) surges at the open after announcing plans to build its initial rare earths magnet factory in Fort Worth, Texas, and entering into a long-term supply agreement with General Motors (NYSE:GM). MP says the plant will produce NdFeB alloy and magnets with the potential...

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MP - China poised to create world's largest rare earths company - WSJ

China has approved the creation of a giant new state-owned company focused on rare earths, with the aim of maintaining its dominance in the global supply chain of the strategic metals, the Wall Street Journal reports. MP Materials (MP -2.6%), which owns and operates the Mountain Pass rar...

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