Union Minister for Heavy Industries H D Kumaraswamy confirmed that the proposed scheme has a financial allocation of Rs 1,345 ...

HD Kumaraswamy has announced that the Centre will soon be launching a scheme with an outlay of Rs 1,345 crore to make rare earth magnets in India.

MP Materials has partnered the US Department of Defense (DoD) to advance the domestic rare earth magnet supply chain.

The move comes after China, the world’s dominant supplier, imposed export restrictions in April this year on seven rare earth ...

Lynas Rare Earths and Iluka Resources shares have jumped after the Pentagon said it would take a big stake in Rinehart-backed American miner MP Materials.

Nintendo’s Switch 2 videogame machine uses a rare-earth magnet to attach its hand-held controllers to the main console, ...

Shares of Australian rare earths miners, including Lynas and Iluka Resources , soared on Friday after U.S.-based MP Materials ...

The US made its biggest move yet to push back against China’s weaponization of rare earths, with the Pentagon buying into a key American producer to secure supply of magnets critical for military and ...

The Defense Department will buy a 15% stake in MP Materials and fund the construction of a magnet-making facility, all with ...

One of the most prominent trends shaping global equity markets in 2025 is the sharp rise in investor interest in the defence ...

MP Materials (NYSE: MP), the only fully integrated rare earth producer in the U.S., announced a multi-billion-dollar ...

Last year, MP Materials produced 45,455 metric tons of rare-earth oxides in concentrate form, 1,294 metric tons of NdPr oxide ...