Federal instrument · Cooperative agreement

DPA Title III Technology Investment Agreement with MP Materials for Light Rare Earth Separation (November 2020)

On November 17, 2020, the U.S. Department of Defense announced that MP Materials had been awarded a Defense Production Act Title III technology investment agreement under which DoD contributes $9.6 million to add value-add processing and separation capabilities for light rare earth elements at the Mountain Pass, California operations. Recorded as a cooperative-agreement because a technology investment agreement is an assistance-type instrument.

Facts on this page last re-verified Aug 11, 2026 — the oldest verification date among its current claims. How we verify.

Financial state: Obligated

Program: Defense Production Act Title III · U.S. Department of Defense

Terms

Amount	$9.6M (nominal, as announced DoD contribution)

Immutable financial events

Nov 17, 2020 · Obligated

Operational milestones are displayed on the linked facility line, not duplicated in this ledger.

Sources

U.S. Department of Defense · published Nov 17, 2020 · retrieved Aug 11, 2026 · archive