Rare earth metals are essential for creating high-performance magnets used in various electronic devices. The U.S. is now investing in mining companies like MP Materials to secure a domestic supply. MP operates the Mountain Pass mine in California and has secured partnerships with the Pentagon and Apple to strengthen its position.

The Pentagon has invested $400 million in MP through preferred stock and committed to buying all magnets produced by the company for 10 years. Apple also announced a $500 million partnership with MP to source American-made magnets starting in 2027. Despite recent losses, MP is positioning itself as a key player in the rare earth market.

Investors looking to capitalize on the U.S.’s focus on critical minerals may consider investing in MP Materials. However, it’s important to note that the company was not included in the Motley Fool’s list of the 10 best stocks to buy now. The top 10 stocks recommended by the analyst team have historically generated significant returns compared to the S&P 500.

For more information on potential investment opportunities, including the top 10 stocks recommended by the Motley Fool analyst team, investors can explore the latest list available through the Stock Advisor program. It’s crucial to conduct thorough research and consider all factors before making investment decisions.

Read more at Nasdaq: Last Call: Why You Need to Buy This Rare-Earth Metal Stock Before Everyone Else Catches On