Core Viewpoint - July has been a significant month for rare earth mineral stocks, particularly for MP Materials, which saw substantial share price increases following major announcements from the Department of Defense and a partnership with Apple [1][2]. Group 1: MP Materials - MP Materials' shares surged nearly 51% after announcing a multi-billion-dollar commitment from the Department of Defense on July 10 [1]. - Following a $500 million partnership with Apple to supply 100% recycled rare earth magnets, shares rose another 20% on July 15 [1]. Group 2: Critical Metals - Critical Metals' stock rose 7% after MP's DOD deal and saw a significant increase on July 15 due to its own announcement regarding drilling at the Tanbreez Rare Earth Project in Greenland [2][3]. - The company expects the newly installed drilling rig to enhance its Mineral Resource Estimate (MRE), which could increase the project's value [3]. - Shares rose nearly 34% following the drilling announcement, with production expected to start in 2026 [4]. Group 3: Ramaco Resources - Ramaco Resources' shares increased nearly 73% since the announcement of MP's DOD deal, with notable rises of 30% on July 10 and 15% on July 14 and 15 [6]. - The company is focusing on its Brook Mine in Wyoming, which has substantial quantities of rare earth elements and is expected to be commercially viable [8]. - If operational, the Brook Mine could meet 30% of the U.S. defense industry's demand for rare earth magnets [9]. Group 4: USA Rare Earth - USA Rare Earth's shares rose approximately 59% since July 10, despite not releasing new information, likely benefiting from the momentum of MP Materials [10][11]. - The company is developing a vertically integrated rare-earth supply chain in the U.S., including a magnet production facility in Oklahoma and a planned mine in Texas [12].