Wednesday, September 21, 2022 4:08:37 PM
The White House backs Department of Commerce findings that imports of NdFeB rare earth magnets constitute a national security risk, triggering more efforts to develop a domestic supply base. Shares in MP Materials, which operates a rare earth mine in California and is developing a processing facility in Texas, up 3.5%. The magnets are widely used in defense and electric vehicles. MP has a deal with General Motors and has been awarded two Pentagon contracts.
Another company traded in the U.S. has rare earth elements and precious metals.
$WALRF MEGAWATT LITHIUM & BATTERY METALS CORP
The Company holds a 100% undivided interest, subject to a 1.5% NSR on all base, rare earth elements and precious metals, in the Cobalt Hill Property, consisting of eight mineral claims covering an area of approximately 1,727.43 hectares located in the Trail Creek Mining Division in the Province of British Columbia, Canada. Additionally, the Company has acquired an 80% interest in a company that indirectly holds a 100% interest (subject to a 2% NSR) in two prospective silver-zinc projects in Australia, being the Tyr Silver Project and the Century South Silver-Zinc Project (see press release dated October 15, 2020), an indirect 100% interest (subject to a 1% NSR) in and to certain mining tenements in Northern Territory and New South Wales, Australia prospective for nickel cobalt-scandium and rare earths and a 100% interest (subject to a 2% NSR) in and to the Route 381 Lithium Property, comprised of 40 mineral claims located in James Bay Territory, north of Matagami in the Province of Quebec, covering 2,126 hectares (see press release dated February 3, 2021) and 229 additional mineral exploration claims ("the new claims") in the James Bay area of Quebec. The new claims cover an area of 12,116 hectares or 121 square kms.
Recent MP News
- MP Materials Announces Pricing of $650 Million 3.00% Convertible Notes • Business Wire • 03/05/2024 11:16:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/04/2024 12:19:00 PM
- MP Materials Announces Proposed Offering of Convertible Notes • Business Wire • 03/04/2024 12:00:00 PM
- MP Materials Announces New Share Repurchase Authorization • Business Wire • 03/04/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/28/2024 12:29:17 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/22/2024 09:11:21 PM
- MP Materials Reports Fourth Quarter and Full Year 2023 Results • Business Wire • 02/22/2024 09:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 12:00:31 AM
- MP Materials to Participate in Upcoming Conferences • Business Wire • 02/20/2024 09:05:00 PM
- MP Materials Announces Date for Fourth Quarter and Full Year 2023 Financial Results and Webcast • Business Wire • 02/01/2024 09:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/16/2024 11:30:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/16/2024 11:16:35 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/16/2024 11:01:50 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/16/2024 10:37:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/16/2024 09:27:18 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/03/2023 04:17:37 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/02/2023 08:13:39 PM
- MP Materials Reports Third Quarter 2023 Results • Business Wire • 11/02/2023 08:05:00 PM
- MP Materials to Participate in Upcoming Conferences • Business Wire • 10/23/2023 08:05:00 PM
- Gabelli Funds 47th Annual Auto Symposium October 30th and October 31st • GlobeNewswire Inc. • 10/17/2023 12:00:00 PM
- MP Materials Announces Date for Third Quarter Financial Results and Webcast • Business Wire • 10/12/2023 08:05:00 PM
- MP Materials to Participate in the D.A. Davidson Diversified Industrials and Services Conference • Business Wire • 09/14/2023 08:05:00 PM
- Gabelli Funds to Host 47th Annual Automotive Symposium at The Encore at Wynn, Las Vegas, Nevada • GlobeNewswire Inc. • 09/11/2023 12:00:00 PM
- MP Materials to Participate in Upcoming Conferences • Business Wire • 08/31/2023 08:05:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/04/2023 04:23:18 PM
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