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![wallstengine Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1508426880860704771.png) Wall St Engine [@wallstengine](/creator/twitter/wallstengine) on x 71.9K followers
Created: 2025-07-10 10:13:54 UTC

$MP ANNOUNCES TRANSFORMATIONAL DOD PARTNERSHIP

MP Materials has secured a multibillion-dollar public-private partnership with the Department of Defense to accelerate U.S. rare earth magnet independence. The deal includes a $400M convertible preferred stock investment by DoD, making it MP’s largest shareholder, plus a 10-year NdPr price floor at $110/kg and a 10-year magnet offtake agreement. MP will build its “10X” magnet facility, expanding U.S. magnet production to XXXXXX metric tons by 2028, supported by $1B in financing from JPMorgan and Goldman Sachs. CEO James Litinsky called it “decisive action to accelerate American supply chain independence.”


XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1943252333124817059/c:line.svg)

**Related Topics**
[$110kg](/topic/$110kg)
[investment](/topic/investment)
[$400m](/topic/$400m)
[magnet](/topic/magnet)
[stocks defense](/topic/stocks-defense)
[$mp](/topic/$mp)

[Post Link](https://x.com/wallstengine/status/1943252333124817059)