MP Materials and the U.S. Department of War Partner with the Saudi Arabian Mining Company (Maaden) to Develop Rare Earth Refinery Joint Venture
MP Materials Corp. (MP)
Company Research
Source: Business Wire
Joint Venture under Historic U.S.–Saudi Critical Mineral Cooperation Framework Marks a Major Step toward Diversifying the Global Supply Chain for America and Its AlliesCapital-Light Structure for MP Materials Unlocks Strategic Value and Accelerates Long-Term Growth Potential for Shareholders WASHINGTON--(BUSINESS WIRE)--MP Materials Corp. (NYSE: MP), America’s fully-integrated rare earth materials and magnetics producer, today announced it has partnered with the U.S. Department of War (DoW) to establish a strategic joint venture with the Saudi Arabian Mining Company (Maaden), Saudi Arabia’s flagship mining company, to develop a rare earth refinery in the Kingdom. This binding agreement between the three parties follows the strategic framework for cooperation on securing critical supply chains reached between the United States and the Kingdom of Saudi Arabia, which was signed this week in Washington, D.C.The formation of a joint venture to build a rare earth refinery in Saudi Arabia
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MP
Earnings
- 11/6/25 - Beat
MP
Sec Filings
- 11/25/25 - Form SCHEDULE
- 11/20/25 - Form 4
- 11/20/25 - Form 144
- MP's page on the SEC website