Gerardo Del Real,
Editor
Nov. 19, 2025
This morning, MP Materials Corp. (NYSE: MP) announced it has partnered with the U.S. Department of War (DoW) to establish a strategic joint venture with the Saudi Arabian Mining Company (Maaden), Saudi Arabia’s flagship mining company, to develop a rare earth refinery in the Kingdom.
The binding agreement between the three parties follows the strategic framework for cooperation on securing critical supply chains reached between the United States and the Kingdom of Saudi Arabia — signed this week in Washington, D.C.
The facility will be designed to process rare earth feedstock sourced from Saudi Arabia and other global regions and produce significant quantities of separated light and heavy rare earth oxides. These refined products will support U.S. and Saudi manufacturing and defense sectors and be marketed to allied nations.
This announcement follows an August 10, 2025 update from the Office of Strategic Capital (OSC) regarding the execution of its first direct loan to strengthen the U.S. industrial base and protect critical minerals supply chains.
As part of a wider July 2025 agreement between DoD and MP Materials — owner and operator of a U.S. rare earths mine — OSC provided a $150 million loan to add heavy rare earth separation capabilities to MP Materials’ existing processing facility in Mountain Pass, California.
The funding for OSC’s $150 million loan to MP Materials comes from the hilariously named One Big Beautiful Bill Act, which President Trump signed into law on July 4, 2025. The bill provides OSC with $500 million of credit subsidy funding, creating up to $100 billion in available loan funds specifically for critical minerals production and related industries and projects.
It’s not just rare earths. Gold continues to form a base around the $4,000 to $4,100 level. Silver continues to hold $50. Both are in the administration’s good graces, and both are headed higher. Same for uranium and copper.
My partner, friend, and colleague Nick Hodge and I continue to vet deals in the metals space… the kind of deals that have returned more than 20 straight wins for us over the past two years with a good bulk of those up triple digits.
We’re putting the finishing touches on a uranium, gold, and copper deal that will go live for subscribers of Private Placement Intel over the next several weeks. Spots for that service are limited to 250 and filling up quickly.
It’ll be a strong close to what has been a spectacular year. I hope you’ll join us for the ride.
Let’s get it!
Gerardo Del Real
Editor, Daily Profit Cycle