MP Materials (MP) has warned the Pentagon’s $400M investment in the company won’t be easily replicated for other companies, Bloomberg reports. Back in July, the Pentagon agreed to an investment in the company in a deal seen as a transformative moment for the industry. Chief Executive Officer James Litinsky said the company’s spectrum of assets was one key to the deal. “One unique thing that we offered is that we’re the only company in the world that’s fully vertically integrated, and if the government is going to support a solution, they need to make sure that the solution works,” Litinsky said, according to Bloomberg. “You really have to have a full supply chain offering before you go to the US government.”
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