Pentagon invests in heavy rare earths
Awards MP a $35M contract for processing at Mountain Pass Metal Tech News – February 23, 2022
Last updated 7/12/2022 at 1:54pm
Part of a much larger critical minerals investment and strategy unveiled by the Biden administration on Feb. 22, the Pentagon has awarded MP Materials Corp. a $35 million contract to commercially separate and refine heavy rare earth elements at its Mountain Pass Mine.
Located in California's Mojave Desert, Mountain Pass is currently the only mine in the United States that produces rare earths,...