MP Materials: The USA Wants to Stockpile More Rare Earths!

In the USA, producers of rare earths are coming into focus. Through an Executive Order, Donald Trump aims to enable the stockpiling of critical metals from the seabed of the Pacific Ocean. This is intended to counteract China's dominance in battery materials and rare earths. Just last week, China restricted the export of several rare earths amid the escalation of the trade dispute. China dominates 90% of the rare earth market. MP Materials (MP) is seen as a beneficiary of increased rare earth production by US companies. The company focuses on neodymium-praseodymium...