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The defense department will become the largest shareholder of a rare land mine MPs after He agrees to receive the preferred exchange $ 400 millionThe company said on Thursday.
MP materials, California, Las Vegas’s 60 miles in the United States in the United States in the United States in the United States. According to the company, the income from the Pentagon investment will be used to expand the processing power and magnetic production of rare lands.
The stocks of the deputy materials lasted about 50%.
Rare lands are used in magnets in a number of military weapon systems, including F-35 fighter jets, drones and submarines Department of Defense.
The United States was almost 2023 represented about 70% of import from foreign countries to rare areas, about 70% of imports US Geological Survey. Rare lands are the center of the central dispute in the latest trade disputes between the United States and China.
Interior Minister Doug Burgum said he thought Trump management in April Direct capital investments To disrupt the dependence on the US in critical mineral companies.
MP James Jamesky described the investment of Pentagon as a state-private partnership that will accelerate the construction of a rare land magnetic supply chain to the end of the United States
“We understand that this partnership is the result, on behalf of our taxpayers and our national security, and this is a valid responsibility,” Litinsky told investors on a call on Thursday. “Providing America’s rare land materials and magnets is important for our economic and national security.”
State-Private Partnership
Pentagon is buying a newly generated class of newly generated shares, which has become a total share of MP materials, which allows you to receive an additional share of additional shares. The investment of the defense department becomes a fixed price worth $ 30.03 per share without any cash dividend.
The conversion of the conversion and the general joint-stock guarantee would be 15% on July 9, according to Facilk, about 8.61% to 8.61% by the BlackRock Foundation consultants.
MP materials will establish a second magnetic production enterprise in the United States to serve defense and commercial customers supporting the Pentagon in the United States. The unexplained facility will be commissioned in 2028 and the MP matches will increase the power of magnetic production to a 10,000-year-old metric ton.
Litinsky, this production capacity is enough to “support us in defense and trade needs”.
Pentagon, 20x, 10x was called 10x, 10x, 10x, 10x, 10x, 10x after construction to support the trade market. JPMorgan and Goldman Sachs provides $ 1 billion to finance production facility.
The Pentagon will also guarantee the price ground for $ 110 per $ 110 for the NDPR products collected or sold by the MP. NDPR is a unique place combination used to make permanent magnets.
When the market price is below $ 110 per kilogram, the US will pay the MP’s materials on changes in cash. Pentagon, in turn, if the second magnetic device of the press material is the second magnetic device, the MP will receive 30% of those over $ 110 for the magnetic device.
Litinsky, the Defense Ministry has signed a very harsh contract. “Taxpayers will earn a lot of money,” he said.
MP materials are also waiting to expand the pentagon in 30 days in 30 days to expand the rare land separation opportunities in the mountain passport.
