Overview

• Shares rose about 8% Thursday, with Benzinga noting a further premarket uptick to $77.21 on Friday.
• Reuters reported the administration is in talks to take up to a 10% stake in Lithium America, and The Information said more strategic stakes across battery and critical‑materials miners are being explored.
• MP did not issue new company‑specific news, and the move was tied to broader policy reports and CEO James Litinsky’s CNBC comments framing the deal as a national‑security partnership.
• In July, MP announced a $400 million Department of Defense partnership that gave the Pentagon roughly 15% ownership, a 10‑year $110/kg NdPr price floor, and a magnet purchase guarantee.
• Apple committed $500 million, including $200 million in prepayments, and MP is targeting 10,000 metric tons of magnet output by 2028 at its 10X facility, with shares up about 394% year to date and a market value near $13.7 billion.