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MP Materials Secures $1B Loan From JPMorgan and Goldman Sachs with US Defense Department Backing
OtherCrypto

MP Materials Secures $1B Loan From JPMorgan and Goldman Sachs with US Defense Department Backing

•July 22, 2025
•Jul 22, 2025
0

Participants

MP Materials

MP Materials

company

Goldman Sachs

Goldman Sachs

investor

JPMorgan Chase

JPMorgan Chase

investor

Deal Summary

MP Materials received a $1 billion loan from JP Morgan and Goldman Sachs to finance a new processing facility, alongside the US Defense Department becoming a major shareholder and guaranteeing a floor price for rare earths. The financing underpins expanded domestic rare-earth processing capacity backed by government support.

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