Maaden and MP Materials Collaborate to Establish Full Value Chain for Rare Earth Magnetics
1. MP Materials and Maaden signed an MoU to create a rare earth supply chain. 2. Collaboration aims to advance rare earth exploration and processing in Saudi Arabia. 3. Partnership will leverage Saudi Arabia's resources to meet rising global demand. 4. Both companies seek to strengthen U.S.-Saudi economic ties in critical materials. 5. The initiative supports advanced manufacturing and diversifies the rare earth supply chain.