U.S. Rare Earths Leader Tops Buy Point As Vision Turns To Reality

Blockhead
02-22

MP Materials (MP) reclaimed a buy point Friday after topping fourth-quarter earnings estimates and getting a couple of price-target boosts. The U.S. producer of rare earth minerals says it's on track to manufacture automotive-grade magnets at scale for General Motors (GM) by the end of 2025. That will cap off MP Materials' multistage expansion plan it eyed when it held…

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