$MP Some interesting things about MP:
Arranged by date -
1. The US is working to reduce dependence on rare earth metals from China - the US Department of Defense invested millions of dollars in 2020 in three local companies mining rare earth metals (MP at the forefront).
https://www.israeldefense.co.il/node/46666
2. For the U.S. to reach its climate goals, it is going to need all the rare earth supply it can get. The country can no longer depend on China, which controls 87% of global production - That’s where MP Materials and Mountain Pass may be able to help.
https://investorplace.com/2021/06/mp-stock-is-worth-watching-as-rare-earth-materials-get-even-rarer/
3. The Biden administration is considering imposing tariffs on imports of specialized metals (like those MP mines). Such a step would make imports of metals from China more expensive and directly lead to greater demand for MP.
https://www.fool.com/investing/2021/06/08/why-mp-materials-canoo-and-nikola-stocks-all-just/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article
4. Attached is coverage by a senior analyst released on 29.6.21 in which the target rises to $45.