The Pentagon, Nevada-based MP Materials and Saudi Arabia’s Maaden have established a joint venture to produce rare earths in the Kingdom.
Credit: Aleks Taurus/Alamy Stock Image
The Pentagon is partnering with mining companies MP Materials and Maaden to establish a rare earths refinery in Saudi Arabia, the Trump administration’s latest move to reduce dependency on China for the strategic metals. Nevada-based MP Materials, which received a $400 million Department of Defense...
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