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US President Trump touts MP Materials (MP) gain in government stake

StockNow breaking-news AI analysis

President Trump's endorsement of MP Materials follows a $400M federal equity stake and a $3B mining initiative. The company aims for 10,000 MT magnet capacity by 2028, backed by Apple and GM.

News detail

Everybody should go for rare earth magnets. Announces series of mining projects worth USD 3bln.

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