MP Materials - China Export Restrictions on Rare Earths Lead to Significant Price Gains!

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Business driver: MP Materials (MP) operates the Mountain Pass Mine in California, the only active rare earth mine in the United States. There, neodymium and praseodymium oxides are extracted, which are key materials for magnets in electric vehicles, wind turbines, and much more. Recently, the U.S. Department of Defense has invested in MP Materials. With China's announced restrictions on rare earth exports, MP Materials is likely to play a key role as one of the few U.S. producers in this segment.
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