General Motors EV Partner Sees Director Make Big Stock Buy

MP Materials banal surged earlier this period aft the U.S. rare-earths miner reached a woody “to make a afloat integrated U.S. proviso concatenation for rare-earth magnets” with General Motors. In the aftermath of the higher banal price, MP Materials manager Randall Weisenburger bought up shares.

MP Materials (ticker: MP) announced Dec. 9 that it volition proviso rare-earth materials, alloy, and finished magnets for the motors of electrical vehicles to GM (GM) “with a gradual accumulation ramp that begins successful 2023.” Planned vehicles nether the...