MP Materials: Beneficiary of China's new Countermeasures on Rare Earths as a Response to Donald Trump's Tariff Hammer?

Donald Trump increased tariffs on imports from China this week from an already 20% to 54%, an increase of 34%. On April 4, 2025, China responded with counter-tariffs of 34%. At the same time, the Chinese Ministry of Commerce announced export controls on key rare earths such as Samarium, Gadolinium, Terbium, Dysprosium, Lutetium, Scandium, and Yttrium. MP Materials (MP) operates the Mountain Pass Mine in California - currently the only active and large-scale production facility for rare earths in the USA. The facility has the potential to cover...