MP If what the media is saying is true, China has agreed to continue selling rare earths to the US for at least one more year without restrictions. This gives MP Materials one year to relocate its downstream processing operations (currently in China) back to the United States. The US government must urgently reduce burdensome regulations that discourage domestic mining and critical mineral production.
MP The U.S. government purchased MP Materials stock at $30 per share, potentially establishing a price floor for the company. To strengthen the domestic rare earth industry, I believe the U.S. should restrict imports of Chinese rare earth materials until the domestic industry becomes more robust. Competing in this market is like learning to surf—nearly impossible when your first wave is as daunting as Mount Everest. President Trump should implement tariffs to protect this critical industry, which is vital to U.S. economic and defense interests.