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Stock impact report

Billions Flow Into Critical Minerals as West Races to Reduce Supply Risk [Globe and Mail, The (Toronto, Canada)]

MP Materials Corp. (MP) 
Western governments are committing tens of billions of dollars to secure domestic supplies of rare earth elements, niobium, scandium, and other materials considered essential to defense, energy, and advanced manufacturing applications. Approximately 92% of global rare earth processing capacity currently resides in China, and the U.S. Geological Survey's Final 2025 Critical Minerals List placed niobium in its top 10 by economic risk to the U.S. The policy response has been substantial. The U.S. government has ramped up support for domestic critical minerals production, with the Department of Energy announcing roughly $1 billion in 2025 funding opportunities, while the Department of Defense has committed hundreds of millions to strategic projects supporting supply chain security. Elsewhere, Canada allocated C$1.5 billion to its Critical Minerals Infrastructure Fund. Capital is flowing through direct equity investments, loan guarantees, offtake agreements, and price floor contracts. Show less Read more
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