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Rare earths company MP Materials is partnering with the US military and Saudi Arabia’s flagship mining company to build a rare earth refinery in the Kingdom, in a move that aims to diversify the global critical minerals supply chain.

Saudi Arabian Mining Company (Maaden) and the Pentagon will create a joint venture to process rare earth materials from Saudi Arabia and other parts of the world to supply the US and Saudi manufacturing and defense sectors.

Read more at: https://english.alarabiya.net/News/saudi-arabia/2025/11/19/us-saudi-arabia-strike-deal-to-build-rare-earths-refinery-in-the-kingdom