/biz/ - Business & Finance

>>30056152
>MP Materials Corp. is an American rare-earth materials company headquartered in Las Vegas, Nevada. MP Materials is majority-owned to 51.8% by hedge funds JHL Capital Group and QVT Financial LP, while Shenghe Resources Holding Co. Ltd., a partially state-owned enterprise of the Government of China, holds an 8.0% stake.
I'm guessing because his bags are heavy. Historically 4U wasn't into REEs but first got into it with vanadium a few years back. Then they got into monazite more recently. They will start processing more REEs as a plan to diversify from being solely a uranium producer. and the more I read into MP the more it seems like a hedgie controlled company. I like 4U because Chalmers has been in the industry for a long time and knows exactly how it functions.