For this week's Bond video of the week, I chose my interview with James Litinsky, CEO of MP Materials, which owns the Mountain Pass mine. It may not make sense, bonds are actually key to the origin story of MP Materials.
You see, the old owner of the Mountain Pass mine was Molycorp. James' hedge fund, JHL Capital, actually owned senior bonds in Molycorp, and because these securities were senior in the capital structure, when Molycorp went bankrupt, JHL had recourse to the mine itself.
Watch the interview if you want the full story: