Meanwhile,
Who this rare land operator new: In addition. Moreover,
Who this rare land operator:
Faced with Chinese domination over the rare land market. Similarly, the United States accelerated its industrial response. Consequently, The American Ministry of Defense sealed a strategic partnership with MP Materials. Nevertheless. Nevertheless, the only integrated producer of rare land in the United States, in order to build a national sector of permanent magnets, crucial for defense technologies and electric vehicles.
The agreement. Furthermore. Meanwhile, described as “transformational” by MP Materials, is based on an “investment package of several billion dollars”, including a long -term loan of $ 150 million. For example. It also provides for the purchase by the Pentagon of $ 400 million in convertible preferential shares as well as a right to acquire ordinary shares over ten years. Moreover, at a unit price of $ 30.03. Moreover. Ultimately, the Department of Defense will hold who this rare land operator new 15 % of the capital, thus becoming the main who this rare land operator shareholder of the company.
A company created in 2017 – Who this rare land operator – Who this rare land operator new
Founded in 2017. MP Materials operates the Mountain Pass deposit in California, the second largest rare land extraction site in the world. The company has established itself as a strategic link for American industrial independence. Its current production reaches approximately 1. 000 tonnes of magnets per year – the equivalent of 500. 000 electric vehicle engines – but its expansion plan aims for a total of 10,000 tonnes annual by 2028.
To achieve this. a second factory, called 10x, will be built as soon as a site has been identified. This new infrastructure will concentrate 7. 000 tonnes of production capacity per year. will serve the defense sector as much as industrial customers, like who this rare land operator General Motors, already who this rare land operator new a partner of MP Materials.
Prohibition to ship to China
The agreement now prohibits any production shipping to China. where a historic minority shareholder still lies, the Shenghe Resources group (around 7 %). A strategic clause that aims to definitively cut out dependencies with foreigners, in accordance with Washington’s industrial autonomy policy. The Pentagon is also committed to buying the entire production of magnets from the future factory for ten years. from its entry into service.
Our file on the Pentagon
Another guarantee provided by the Pentagon: a floor price of $ 110 per kilo over ten. years for the NDPR. the alloy of neodymium and prastodymous used in engines and generators. This rate. significantly higher than the current course of around 60 dollars. “aims to reduce the risks linked to external speculation to the market and to ensure a stable flow of liquidity to the company,” said MP Materials. If who this rare who this rare land operator new land operator the market price were to exceed this threshold. the ministry will recover 30 % of the surplus, under the terms of the contract.
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