1. Home
  2. |Insights
  3. |Crowell Advises MP Materials on Landmark Public-Private Partnership with Department of Defense

Crowell Advises MP Materials on Landmark Public-Private Partnership with Department of Defense

Firm News | 1 min read | 07.15.25

Washington – July 15, 2025: Crowell & Moring was honored to represent MP Materials in its landmark partnership with the U.S. Department of Defense, making DoD the company’s largest shareholder. On July 9, MP and DoD signed a multibillion-dollar package of investments and long-term commitments, providing for, among other things, construction of the company’s second domestic magnet manufacturing facility. The agreements include convertible preferred equity, warrants, loans, and price floor and offtake commitments.

MP Materials is the United States’ only fully integrated rare earth producer with capabilities spanning the entire supply chain, from mining and processing to advanced metallization and magnet manufacturing.

The Crowell team was led by partners Peter Eyre, Christian Curran, Jonathan Baker, Sharmistha Das, and Kenneth Dintzer; counsel Stephanie Crawford and Liam O’Reilly; and associate Allison Skager.

Media Contact:
Email: prteam@crowell.com

Insights

Firm News | 3 min read | 09.11.25

Asset Based Finance Lawyer Tom Dell’Avvocato Joins Crowell & Moring in London

London – September 11, 2025: Tom Dell’Avvocato has joined Crowell & Moring U.K. LLP as a partner in its Financial Services Group. Dell’Avvocato brings extensive experience in non-contentious banking and finance transactions, with a focus on domestic and cross-border asset-based lending, as well as leveraged and specialty finance. He advises alternative and private capital providers, bank and non-bank lenders, and corporate borrowers on the structuring, restructuring, and execution of complex financing arrangements. ...