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MP Materials Stock Surges on DoW Deal and BMO Upgrade

MP Materials Stock Surges on DoW Deal and BMO Upgrade

Published:
2025-11-24 23:56:02
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BTCCSquare news:

MP Materials shares rallied nearly 7% after BMO Capital Markets upgraded the rare earth miner to Buy with a $75 target, citing its strategic U.S. Department of War contract. The agreement includes price protections, guaranteed offtake, and financing support—solidifying MP's position as America's premier rare earth supplier.

While China's temporary export relaxation has pressured rare earth prices, BMO analyst Raj RAY highlights enduring supply chain vulnerabilities. The firm's Saudi joint venture and DoW-backed neodymium-praseodymium oxide expansion further de-risk the investment thesis. Execution of its Independence facility ramp-up now becomes the critical watchpoint.

|Square

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