Trump administration bypasses contracting laws in $3.5 billion rare earth minerals deal
EHN Curators • August 19, 2025
The Pentagon invoked a rarely used Cold War-era law to secure a $3.5 billion stake in MP Materials, the nation’s only rare earths miner, while sidestepping federal contracting and procurement rules.Hannah Northey reports for E&E; News.In short:The Department of Defense used the Defense Production Ac...
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