MP Materials & Maaden Ink Deal to Develop Rare Earths Supply Chain

MP Materials (MP) has signed a Memorandum of Understanding with Saudi Arabian mining company, Maaden, to explore and develop a fully integrated, end-to-end rare earth supply chain in Saudi Arabia. This partnership aims to cover the entire value chain from mining, separation and refining to magnet production.MP & Maaden Partnership to Build Rare Earth Supply ChainRare earth magnets are vital in critical technologies spanning transportation, energy, robotics and aerospace. Backed by Saudi Arabia’s abundant en ...