MP Materials: Trade Disputes With China Boosts the Domestic U.S. Rare Earth Market! Magnet Production has Started!
![](https://tradertimes.com/files/2025/02/Shu-Bergbau-220250211-2205339223-1140x440.jpg)
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China has announced the introduction of export controls for certain critical minerals in response to the additional tariffs from the U.S. For this reason, we are taking a closer look at the "Basic Materials" sector and identifying companies like MP Materials, which aims to establish itself as an independent source of these metals for the U.S. as sector leader in the "Other Industrial Metals & Mining" industry. MP Materials acquired the Mountain Pass production facility in 2017 Mountain Pass is the only rare earth facility in North America...
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