{"id":1541573,"date":"2025-06-13T14:45:00","date_gmt":"2025-06-13T18:45:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1541573"},"modified":"2025-06-13T14:45:00","modified_gmt":"2025-06-13T18:45:00","slug":"mp-materials-rockets-17-after-trump-admin-mulls-prioritizing-u-s-based-rare-earth-projects","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/mp-materials-rockets-17-after-trump-admin-mulls-prioritizing-u-s-based-rare-earth-projects\/1541573\/","title":{"rendered":"MP Materials Rockets 17% After Trump Admin Mulls Prioritizing U.S. Based Rare Earth Projects"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">MP Materials Rockets 17% After Trump Admin Mulls Prioritizing U.S. Based Rare Earth Projects<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>Yesterday MP Materials jumped as much as 17% to $29.96 \u2014its highest intraday level since March\u2014amid renewed government efforts to secure domestic rare earth supplies.<\/p>\n<p>The Trump administration is drafting a plan to invoke Cold War-era powers under the Defense Production Act (DPA) to prioritize and fund rare earth projects deemed critical to national security, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-06-12\/us-eyes-plan-to-use-cold-war-era-powers-to-develop-rare-earths\">Bloomberg<\/a>.<\/p>\n<p>This includes financing for mining, processing, and downstream technologies to reduce U.S. dependence on China. A final strategy and timeline are still being developed.<\/p>\n<p>MP Materials, the only domestic producer of rare earths, is expected to benefit significantly. Deputy Defense Secretary Steve Feinberg is reportedly helping to secure additional funding for the Nevada-based company, which has already received millions from the Pentagon.<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/Screenshot%202025-06-13%20at%207.55.30%E2%80%AFAM.jpg?itok=DX_MY5HN\"><\/a><\/p>\n<p>Bloomberg <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-06-12\/us-eyes-plan-to-use-cold-war-era-powers-to-develop-rare-earths\">writes<\/a> that Defense Secretary Pete Hegseth recently told Congress that MP Materials \u201cis a great example of a place where we can partner with industry,\u201d while Feinberg is focused on sourcing rare earth supply.<\/p>\n<p>Interior Secretary Doug Burgum called the situation \u201ca wake-up call for America,\u201d warning, \u201cWe are so exposed, right now \u2014 precariously exposed \u2014 to China\u2019s grip on not just the mining, but the processing,\u201d which Beijing dominates with 85% global control. He said the current U.S. stockpile is \u201cmassively insufficient\u201d and may require billions in new investment.<\/p>\n<p>Efforts have intensified since China restricted rare earth exports in April, pressuring U.S. stockpiles and supply chains for defense, automotive, and aerospace industries. At the National Energy Dominance Council, David Copley is leading efforts to coordinate proposals and funding options under the DPA and other tools.<\/p>\n<p>The White House and Pentagon did not immediately respond to requests for comment. MP Materials declined to comment.<\/p>\n<p>MP is one of just a few U.S. based rare earth pure plays, alongside names like USAR and UUUU.<\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" class=\"username\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Fri, 06\/13\/2025 &#8211; 10:45<\/span><\/p>\n<p>\u200b<a href=\"https:\/\/www.zerohedge.com\/markets\/mp-materials-rockets-17-after-trump-admin-mulls-prioritizing-us-based-rare-earth-projects\" target=\"_blank\" class=\"\">https:\/\/www.zerohedge.com\/markets\/mp-materials-rockets-17-after-trump-admin-mulls-prioritizing-us-based-rare-earth-projects<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MP Materials Rockets 17% After Trump Admin Mulls Prioritizing U.S. Based Rare Earth Projects Yesterday MP Materials jumped as much as 17% to $29.96 \u2014its&#8230;<\/p>\n","protected":false},"author":0,"featured_media":1541574,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1541573","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1541573","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1541573"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1541573\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1541574"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1541573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1541573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1541573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}