[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.]  Myles McNulty [@MylesMcNulty](/creator/twitter/MylesMcNulty) on x 21.6K followers Created: 2025-07-17 11:56:35 UTC Wow. Flagbearer for the rare earths industry - NYSE-listed @MPMaterials $MP - closed at a price of $XX last Wednesday. Last Thursday morning, it announced a landmark, multi-faceted deal with the Us Department of Defense (including an equity investment of $400m at $30/s); and then two days ago it announced a $500m partnership with Apple to produce recycled rare earth magnets. Today, MP has announced another secondary placing - this one for $650m with institutional investors priced at $XX (the company had set out to secure $500m, yesterday), with a possible $98m more to come over the next month. At a price of $55, after accounting for the 24.5m shares to be issued to the DoD and the 11.8m newly placed shares announced today, MP will have a mkt cap of $11.0bn. There is phenomenal demand from the US investment community for rare earth mining and permanent magnet operations on home soil. XXXXX engagements  **Related Topics** [recycled](/topic/recycled) [$500m](/topic/$500m) [$30s](/topic/$30s) [$400m](/topic/$400m) [investment](/topic/investment) [stocks defense](/topic/stocks-defense) [$mp](/topic/$mp) [Post Link](https://x.com/MylesMcNulty/status/1945814890259628234)
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Myles McNulty @MylesMcNulty on x 21.6K followers
Created: 2025-07-17 11:56:35 UTC
Wow. Flagbearer for the rare earths industry - NYSE-listed @MPMaterials $MP - closed at a price of $XX last Wednesday.
Last Thursday morning, it announced a landmark, multi-faceted deal with the Us Department of Defense (including an equity investment of $400m at $30/s); and then two days ago it announced a $500m partnership with Apple to produce recycled rare earth magnets.
Today, MP has announced another secondary placing - this one for $650m with institutional investors priced at $XX (the company had set out to secure $500m, yesterday), with a possible $98m more to come over the next month.
At a price of $55, after accounting for the 24.5m shares to be issued to the DoD and the 11.8m newly placed shares announced today, MP will have a mkt cap of $11.0bn.
There is phenomenal demand from the US investment community for rare earth mining and permanent magnet operations on home soil.
XXXXX engagements
Related Topics recycled $500m $30s $400m investment stocks defense $mp