Thanks to a series of government initiatives, the rare earth minerals industry is finally getting its time in the spotlight.

In 2025, the U.S. Department of Defense (DoD) agreed to buy $400 million of preferred stock in MP Materials. This investment ...

Pentagon investment in MP Materials is making headlines after the U.S. Defense Department announced a $400 million stake in the rare earth mining company. With this deal, the Pentagon becomes MP ...

The Defense Department on Thursday became the largest shareholder in MP Materials, which owns the only rare earth mine in the U.S., amid a surge in demand for rare earths mined in the U.S. as China ...

This single move caused MP’s stock price to surge by over 50% in a single day, reaching a multi-year maximum.

Shares of MP Materials soared about 50% to close at $45.23. Its market capitalization grew to $7.4 billion, an increase of about $2.5 billion from the previous trading session. Rare earths are ...

Detailed price information for Idaho Strategic Resources (IDR-A) from The Globe and Mail including charting and trades.

What Happened: MP Materials’ stock price witnessed a surge by 3.52% to $60.27 after hours on Tuesday. Earlier in the day, the company’s stock had surged by 19.99% to $58.22, following the news ...

The Defense Department will buy $400 million of preferred stock in MP Materials. MP Materials owns the only operational rare earth mine in the U.S. at Mountain Pass, California.