Monday's comprehensive strategic briefing for institutional capital in rare earth elements and Pentagon developments. **Market Snapshot - September 15, 2025:** - Total Crypto Market Cap: $4.17 trillion - MP Materials Stock: $63.51 (+0.9%, $11.2B market cap) - Global rare earth market entering critical inflection point **Pentagon's Rare Earth Revolution:** - DoD $400M investment acquiring 15% MP Materials stake - largest shareholder - 10-year price floor guarantee: $110/kg NdPr oxide (nearly double Chinese prices at ~$60/kg) - 100% offtake agreement for new "10X" facility producing 10,000 metric tons annually by 2028 - First time U.S. government becomes major shareholder in critical minerals company **Separation Plant Construction Updates:** - MP Materials $150M DoD loan for heavy rare earth separation expansion at Mountain Pass - Texas "Independence" facility now producing automotive-grade magnets at scale - Lynas: First heavy rare earth producer outside China - Malaysia facility operational - Ucore: $18.4M DoD funding for Louisiana facility, production target May 2026 **Critical Pricing Data:** - Neodymium: 785,157 CNY/ton (~$108/kg) September 12, up 50.96% YoY - Dysprosium: Explosive 121% YTD gain—from $353/kg (January) to $780/kg (September) - Terbium: $1,983.40/kg, up 42.03% YTD - Praseodymium: $139.60/kg, up 45.27% YTD **China's Strategic Response:** - Export controls on seven rare earth elements remain in effect - Heavy rare earths seeing 168-598% price increases since April restrictions - China: 270,000 tonnes production vs USA: 40,823 tonnes (2024) - China refines 85%+ of global supply **Strategic Market Analysis:** Pentagon has moved from passive buyer to active owner, fundamentally changing market dynamics. MP Materials stock up 450% since deal announcement. This represents the inflection point in rare earth geopolitics and the end of Chinese dominance. Comprehensive strategic analysis and Pentagon developments for institutional allocators in rare earth elements and critical minerals. Your competitive edge in the world's most critical elements.