MP Materials’ $400M DoD deal sets global precedent. Osmond Resources' high-grade EU critical minerals project could be next in line for stra
In a groundbreaking move that has caught the attention of governments and industries worldwide, MP Materials has secured a $400 million contract with the U.S. Department of Defense (DoD). This agreement isn’t just about money—it's about national security, technological independence, and future-proofing America's clean energy and defense sectors.
The deal marks a massive leap forward in the U.S.’s goal to reduce reliance on foreign sources, especially China, for Rare Earth Elements (REEs). These elements are critical for manufacturing advanced electronics, electric vehicle motors, wind turbines, and military-grade technologies. By empowering domestic capabilities, MP Materials is positioning itself as the linchpin of America’s industrial autonomy.
