US Rare Earths Miner Halts China Shipments Amid Trade War | JQJO

US rare earth miner MP Materials has stopped concentrate shipments to China due to 125% retaliatory tariffs, impacting 80% of its previous revenue. This move aligns with US efforts to build a domestic supply chain, despite a short-term financial hit. MP Materials is investing heavily in US processing and production, though it still lacks domestic heavy rare earth separation capabilities, a crucial area where China maintains a monopoly. Analysts predict supply chain disruptions unless negotiations with China succeed, highlighting the geopolitical tensions surrounding rare earth minerals.