Federal instrument · Price floor
DoD $110/kg NdPr Price Floor Commitment for MP Materials (July 2025)
As part of the July 10, 2025 public-private partnership announcement, the U.S. Department of Defense agreed to a 10-year price floor commitment of $110 per kilogram for MP Materials' NdPr products stockpiled or sold. The announcement does not specify when the commitment period begins.
Financial state: Definitive agreement
Program: Defense Production Act Title III · U.S. Department of Defense
Terms
| Floor | $110 per kg — MP Materials' NdPr products stockpiled or sold, per the July 10, 2025 partnership announcement |
|---|---|
| Reference product material | ndpr-oxide |
| Duration (months) | 120 |
Immutable financial events
- Jul 10, 2025 · Definitive agreement
Sources
- MP Materials · published Jul 10, 2025 · retrieved Aug 11, 2026 · archive