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tz-plus logo MP Materials: The Battle for Rare Earths! Tensions with China escalate!

R. Dietenberger
Reading Time: 3 minutes

On Friday, the US markets experienced a shock moment. Trump announced up to 100% additional tariffs on Chinese goods in response to China's control over rare earth elements. Although the "Basic Materials" sector ranks low, the "Other Industrial Metals & Mining" industry exploded by 19.57%. In particular, MP Materials is in the spotlight of the US government and investors. Why?  MP Materials produces rare earth metals and magnets Mountain Pass is the only mine in the Western Hemisphere Production of NdPr increased by 119% to 597 tons...

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