Shares of MP Materials skyrocketed after the U.S. Department of Defense emerged as a major stakeholder in the company. The rare earth mining firm, which plays a critical role in America’s clean energy and defense supply chains, now enjoys stronger backing from Washington amid global supply concerns. The Pentagon’s support signals a strategic move to reduce dependence on foreign sources—particularly China—for critical materials. Investors cheered the news, sending the stock on a sharp upward trajectory.
