The Pentagon Bet $400 Million That One U.S. Company Could Break China's Rare Earth Monopoly. MP Mate...

The Pentagon Bet $400 Million That One U.S. Company Could Break China's Rare Earth Monopoly. MP Materials Is About To Deliver GM's First Rare Earth Magnets Not Made In China The Pentagon placed a massive bet on a single American company to break China's stranglehold on rare earth magnets, and General Motors is first in line to find out if that wager pays off.