The Pentagon’s groundbreaking agreement with MP Materials has sent rare earths markets into a rally, as the deal guarantees magnet prices and grants the U.S. government a direct equity stake in the company. This move underscores America’s strategic push to secure critical mineral supply chains amid global competition.
Following the announcement, rare earth stocks worldwide surged, with investors shifting focus toward Western producers and junior mining companies poised to benefit from increased demand and reshoring efforts.
Adding momentum, Apple swiftly pledged $500 million to source recycled magnets from MP Materials, signaling strong corporate support for domestic supply chains and reinforcing the reshoring trend in the tech sector.
The combined government and corporate commitments mark a pivotal moment for the rare earth industry, highlighting the growing importance of secure and sustainable access to these vital resources.
