Shares of USA Rare Earth (USAR -3.77%) jumped this week, up from last Thursday's close at 1 p.m. ET for the Fourth of July holiday by 10.4% as of 1:30 p.m. ET Friday. The rise came as the S&P 500 (^GSPC -0.24%) and Nasdaq-100 both gained 0.6%.USA Rare Earth stock jumped -- alongside most of the critical mining industry -- after MP Materials announced yesterday it had inked a major deal with the Department of Defense (DoD).A big move for domestic miningThe Trump administration, which has been considering dir ...

Summary of MP Materials Special Event Investor Call Company and Industry - **Company**: MP Materials - **Industry**: Rare Earth Materials and Magnet Manufacturing Key Points and Arguments Partnership with the Department of Defense - MP Materials announced a landmark public-private partnership with the Department of Defense (DoD) aimed at restoring the full rare earth supply chain in the United States [4][5] - The partnership is a long-term multibillion-dollar commitment to accelerate American rare earth supply chain independence [7] - The DoD is making a $400 million investment in MP Materials in the form of convertible preferred equity, with a fixed conversion price of $30.03 per share [7][8] - A $150 million twelve-year loan will fund the expansion of heavy rare earth separation capabilities [9] Price Floor Commitment - The DoD has committed to a $110 per kilogram price floor for all NDPR products, ensuring MP Materials receives a quarterly cash top-up if market prices fall below this threshold [9][10] - The price floor agreement is for a ten-year term starting in Q4, providing a stable economic foundation for MP Materials [13][14] Magnet Manufacturing Expansion - MP Materials will construct a new facility, referred to as the 10x facility, targeting an annual capacity of 10,000 metric tons of magnet manufacturing [11][15] - The DoD has made a 100% offtake commitment for production from the 10x facility, structured with cost-plus pricing and a guaranteed annual EBITDA of $140 million [11][12] - The agreement includes a shared upside, where the DoD will receive the first $30 million of EBITDA above the $140 million threshold, with further profits split equally [12][17] Economic and Strategic Implications - The partnership is seen as a critical step in securing America's supply of rare earth materials, essential for national security and economic stability [6][22] - MP Materials aims to achieve full vertical integration, which includes mining, refining, and magnet manufacturing, to meet the growing demand in both defense and commercial sectors [19][20] - The company expects to generate pro forma annual EBITDA exceeding $650 million, with significant upside potential from market strength [19][20] Future Growth and Opportunities - MP Materials is positioned to benefit from the growing demand for rare earth materials, particularly in sectors like electric vehicles and robotics [43][44] - The company is exploring opportunities for collaboration with the DoD on sourcing heavy rare earth feedstock, enhancing its role as a key player in the Western supply chain [18][59] - The partnership is expected to catalyze further investments and expansions, with MP Materials maintaining a focus on shareholder value and operational execution [82][86] Other Important Content - The call emphasized the importance of collaboration between public and private sectors to address national security vulnerabilities in the rare earth supply chain [22][23] - The structure of the partnership aligns public and private interests, creating accountability and shared benefits for taxpayers and stakeholders [22][23] - The company is committed to maintaining its status as a public entity focused on maximizing shareholder value while executing its strategic initiatives [84][86]

MP Materials Corp. (NYSE:MP) BofA Securities 2025 Commodities Conference June 22, 2025 12:00 PM ET Company Participants Ryan S. Corbett - Chief Financial Officer Conference Call Participants Michael Widmer - BofA Securities, Research Division Operator Ladies and gentlemen, the program is about to begin. [Operator Instructions] At this time, it is my pleasure to turn the program over to your host, Michael Widmer. Please go ahead. Michael Widmer Thank you very much, and good morning, good afternoon, everyone. ...

NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) -- Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp” or the “Company”), a leading critical minerals mining company, is pleased to publish for the first time the assay results of eleven deep diamond drill holes from the Tanbreez Project in Greenland drilled in 2007 and 2013 at the Fjord Deposit. Commenting on the assay results, Tony Sage, CEO and Executive Chairman of the Company, said: "I am further encouraged by the deep diamond drill hole results at Tanb ...

NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) -- Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp” or the “Company”), a leading critical minerals mining company, is pleased to publish for the first time the assay results of eleven deep diamond drill holes from the Tanbreez Project in Greenland drilled in 2007 and 2013 at the Fjord Deposit. Commenting on the assay results, Tony Sage, CEO and Executive Chairman of the Company, said: "I am further encouraged by the deep diamond drill hole results at Tanb ...

Core Viewpoint - MP Materials and Idaho Strategic Resources are pivotal in enhancing U.S. critical mineral independence and national security through domestic resource development [1][2][3] Group 1: Company Overview - MP Materials is the only fully integrated rare earth producer in the U.S., with a market capitalization of $3.22 billion [1] - Idaho Strategic Resources is a gold producer with a market capitalization of around $190 million and holds the largest rare earth elements land package in the U.S. [2] Group 2: Market Context - Rare earth elements (REEs) are essential for clean-tech applications, including electric vehicles and defense, with the market currently dominated by China [3] - There is a growing emphasis on developing domestic REE capabilities in the U.S. to reduce reliance on foreign sources [3] Group 3: MP Materials Performance - MP Materials reported a 25% year-over-year revenue increase to $60.8 million in Q1 2025, with NdPr production soaring 330% to 563 metric tons [6] - The company experienced a 33% decline in sales volumes of rare earth concentrate, leading to a $10 million revenue drop in that segment [7] - MP Materials halted rare earth concentrate shipments to China due to tariffs, which previously accounted for approximately 50% of its revenues in Q1 2025 [9] Group 4: Idaho Strategic Resources Performance - Idaho Strategic Resources achieved a 23% year-over-year revenue increase to $7.3 million in Q1 2025, driven by a 44.7% rise in average realized gold prices [16] - The company reported earnings of 12 cents per share, a 29% decline year-over-year, attributed to increased exploration costs [16][17] - IDR plans to execute its largest exploration program at the Golden Chest Mine and other properties in 2025 [19] Group 5: Future Outlook - MP Materials expects to ramp up production of separated rare earth products, which will lead to higher costs in 2025 [10] - Idaho Strategic Resources is focusing on thorium mining and has signed a MoU with Clean Core Thorium Energy to advance a domestic supply chain [18] Group 6: Valuation and Investment Considerations - MP Materials has a forward price-to-sales ratio of 9.85X, while Idaho Strategic Resources has a lower ratio of 6.55X [25] - Despite near-term earnings pressure, MP Materials is viewed as a strong investment due to its integrated supply chain capabilities [27]

The results of the PEA demonstrate that the Tanbreez Project is expected to have a Net Present Value (NPV) of approximately US$3 Billion (approximately US$2.8 Billion to 3.6 Billion at discount rates of 15% and 12.5%, respectively, before tax), with an Internal Rate of Return (IRR) of approximately 180%. The NPV was calculated based off an initial Mineral Resource Estimate (MRE) of 44.97 million metric tons of rare earth materials (indicated and inferred resources), which is approximately 1% of the 4.7 bill ...

NEW YORK, March 31, 2025 (GLOBE NEWSWIRE) -- Critical Metals Corp. (NASDAQ:CRML) ("Critical Metals Corp" or the "Company"), a leading mining development company, today announced that the Company has released an independent Preliminary Economic Assessment ("PEA") on the Tanbreez Project in Southern Greenland, one of the largest rare earth deposits in the world with a 4.7 billion metric ton mineralized kakortokite unit. The full PEA report, which is a key study for advancing the development strategy for the T ...