MP Materials to go public via merger with Fortress Value Acquisition Corp.

MP Materials, owner of the Mountain Pass rare earth mining and processing site, agreed to merge with SPAC Fortress Value Acquisition Corp. The combined company will be listed on NYSE with an estimated equity value of $1.5 billion.

“This business combination and becoming a public company is a key milestone in MP Materials' mission to restore the full rare earth supply chain to the United States of America.”mpmaterials.com

• 3 sources
• mpmaterials.comMP Materials, a Leading Producer of Rare Earth ...Jul 15, 2020
• reuters.comU.S. rare earths miner MP Materials to go public in $1.47 ...Ernest ScheyderJul 16, 2020
• mining-technology.comUS rare earth miner to be listed on NYSE in $1.5bn deal - Mining TechnologyMatthew HallJul 16, 2020

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