Pentagon takes big stake in new Korea Zinc smelter in Tennessee, will get 10% of company [CNBC]
MP Materials Corp. (MP)
Company Research
Source: CNBC
The Defense Department is getting a 40% stake in a $7.4 billion mineral smelter to be built in Tennessee in partnership with Korea Zinc , Reuters reported Monday. The critical minerals smelting and processing facility could produce 540,000 tons of materials in the U.S. per year, according to the U.S. Commerce Department. The deal comes as the U.S. seeks to form critical mineral partnerships that are not dependent on China Reuters said that Korea Zinc will sell new shares worth $1.9 billion to a joint venture controlled by the U.S. government and unnamed U.S.-based strategic investors. The government and investors would then control 10% of Korea Zinc, according to the news outlet. "The United States hasn't built a large-scale zinc smelter like this since the 1970s — a fact that reflects how decades of poor leadership imperiled our national and economic security," White House spokesman Kush Desai said in a statement to CNBC on Monday. "Thanks to President Trump, that's now ch
Show less
Read more
Impact Snapshot
Event Time:
MP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MP alerts
High impacting MP Materials Corp. news events
Weekly update
A roundup of the hottest topics
MP
News
- MP Expects Return to Profitability in Q4: Achievable or Too Ambitious? [Yahoo! Finance]Yahoo! Finance
- The Smartest Mining Stock to Buy With $100 Right Now [Yahoo! Finance]Yahoo! Finance
- MP Materials (MP) Valuation Check After Recent Share Price Pullback [Yahoo! Finance]Yahoo! Finance
- Will MP Materials Stock Have Room to Run in 2026? [Yahoo! Finance]Yahoo! Finance
- Stephen Miller’s Stock Sale Raises Questions, Ethics Experts Say [The New York Times]The New York Times
MP
Earnings
- 11/6/25 - Beat
MP
Sec Filings
- 12/10/25 - Form 4
- 12/9/25 - Form 144
- 12/5/25 - Form 4
- MP's page on the SEC website