[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Schwab Network [@SchwabNetwork](/creator/twitter/SchwabNetwork) on x 74.5K followers Created: 2025-07-10 14:51:57 UTC Shares of MP Materials $MP jumped XX% today after the rare-earth materials producer announced a partnership with the U.S. Department of Defense (DoD). Here’s what to know. – The goal of the partnership is to “dramatically accelerate the build-out of an end-to-end U.S. rare earth magnet supply chain and reduce foreign dependency,” according to a press release. – The DoD will buy $XXX million in MP preferred stock, becoming MP Materials’ largest shareholder. – With the investment, MP Materials will build its second domestic magnet manufacturing facility called the “10X Facility.” For XX years after the facility is built, the DoD promised that XXX% of the magnets produced will be purchased by defense and commercial customers “with shared upside.” – The DoD also agreed to a 10-year agreement with MP for a price floor commitment of $XXX per kilogram for MP Materials’ rare earth element combination NdPr products stockpiled or sold.  XXXXX engagements  **Related Topics** [magnet](/topic/magnet) [stocks defense](/topic/stocks-defense) [stocks](/topic/stocks) [$mp](/topic/$mp) [Post Link](https://x.com/SchwabNetwork/status/1943322307604173188)
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Schwab Network @SchwabNetwork on x 74.5K followers
Created: 2025-07-10 14:51:57 UTC
Shares of MP Materials $MP jumped XX% today after the rare-earth materials producer announced a partnership with the U.S. Department of Defense (DoD). Here’s what to know.
– The goal of the partnership is to “dramatically accelerate the build-out of an end-to-end U.S. rare earth magnet supply chain and reduce foreign dependency,” according to a press release.
– The DoD will buy $XXX million in MP preferred stock, becoming MP Materials’ largest shareholder.
– With the investment, MP Materials will build its second domestic magnet manufacturing facility called the “10X Facility.” For XX years after the facility is built, the DoD promised that XXX% of the magnets produced will be purchased by defense and commercial customers “with shared upside.”
– The DoD also agreed to a 10-year agreement with MP for a price floor commitment of $XXX per kilogram for MP Materials’ rare earth element combination NdPr products stockpiled or sold.
XXXXX engagements
Related Topics magnet stocks defense stocks $mp