#rare-earths

#rare-earths

"MP Materials is America's only fully integrated rare earth producer with capabilities spanning the entire supply chain, from mining and processing to advanced metallization and magnet manufacturing."

Minacu, a small city in inland Brazil, is set to become the first operation outside Asia to produce four rare earths on a commercial scale. This marks a pivotal development amid escalating trade disputes between China and the US, particularly since China has historically dominated the production of these essential minerals.

Despite positive trade talks, China's export restrictions on rare earths, crucial for high-tech industries, seem unlikely to ease, maintaining a tight grip on this strategic sector.

With the ongoing trade war, China is further limiting rare earth exports, jeopardizing American manufacturing and military capabilities, crucial for advanced technology.