source：National Defense MagazineMP Materials, which operates the largest rare earth element mines in the Western Hemisphere, had a big week.It was one of three companies on Nov. 17 to receive Defense Department grants intended to return rare earth production to the United States. The following day it was listed on the New York Stock Exchange.The Pentagon awarded a Defense Production Act Title III grant worth $9.6 million to MP Materials so it can begin to refine the strategic minerals at its Mountain Pass, California, mine.“This grant from the DoD is outstanding. It's humbling. And we'...
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Eurobattery Minerals : supports Uppsala University's Vinnova application for new scientific approach to extracting battery minerals source：marketscreener.comProject on new and modern industrialised methods to extract Rare Earth Elements (REE)· REE rich black shales from Eurobattery Minerals exploration project in Fetsjön will be part of the project· Eurobattery Minerals will support with funding as part of the Vinnova application submitted by the Uppsala University with final approval at the beginning of spring 2021.Eurobattery Minerals AB (Nordic Growth Market: 'BA...
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source:Reuters India(Reuters) - The U.S. Department of Defense has awarded three rare earth-related grants worth roughly $13 million to help boost domestic production of the specialized minerals used to make weapons, electronics and a range of other goods.China is the world’s largest producer of these minerals and has threatened to stop their export to the United States. [nL5N2CA8MT]The Pentagon on Tuesday said it awarded $9.6 million to MP Materials Inc MP.N, which owns the only U.S. rare earths mine, to help the company process light rare earths.Rare earths are 17 metals that are difficult a...
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2020
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source：Business NewsMOUNTAIN PASS, Calif.--(BUSINESS WIRE)--MP Materials, the largest rare earth materials producer in the Western Hemisphere, today announced the completion of its business combination with Fortress Value Acquisition Corp. (NYSE: FVAC), a special purpose acquisition company sponsored by an affiliate of Fortress Investment Group LLC (“Fortress”). The combined company, MP Materials Corp. (“MP Materials” or “the Company”), will begin trading on the New York Stock Exchange (NYSE) tomorrow, November 18th, under the ticker symbol “MP”.MOUNTAIN PASS, Calif.--(BUSINESS WIRE)--MP Mater...
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