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.

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

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 materialndpr-oxide
Duration (months)120

Immutable financial events

  1. Jul 10, 2025 · Definitive agreement

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

Sources