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MP Materials Stock Surges On Report Of US Government Funding For Rare Earths - MP Materials (NYSE:MP)
Summary by Benzinga
12 Articles
12 Articles
Donald Trump's administration is developing a plan to use the powers of the Cold War era to prioritize and finance rare earth projects that it considers critical to national security, people familiar with the issue said.The authorities are considering using the Defense Production Act to obtain funding, loans and other resources for rare earth-related projects, such as mining, processing and other derived technologies, in order to strengthen the …
·Mexico
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MP Materials rallies as Trump eyes Defense Production Act to boost rare earth supply chain
MP Materials surged after Bloomberg said Trump administration is developing a plan to use Cold War-era powers to prioritize and fund rare earth projects it deems critical to US security.
·United States
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Total News Sources12
Leaning Left1Leaning Right4Center2Last UpdatedBias Distribution57% Right
Bias Distribution
- 57% of the sources lean Right
57% Right
14%
C 29%
R 57%
Factuality
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