MP Materials, Ma'aden sign MoU to jointly develop rare earths supply chain in Saudi Arabia

1 month ago 4
Modern industry depends on mining for the valuable rare-earth, rare earth crystal detail

Joaquin Corbalan/iStock via Getty Images

MP Materials (NYSE:MP) +3.7% in early trading Wednesday after saying it signed a memorandum of understanding with Saudi Arabia's Ma'aden mining company to jointly develop a fully integrated, end-to-end rare earth supply chain in the country.

The partnership includes mining, separation, refining

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