China rare-earth magnets – Charm

200 Chinese planes were unable to fly because US did not give …: Donald Trump ‘reminder’ to China while warning of more tariff

Cs news6 months ago04 mins

President Donald Trump once again warned that the United States would impose steeper tariffs on China if it curbed exports of rare-earth magnets, a move that could jeopardize a fragile trade truce between the world’s two largest economies. Speaking to reporters after a meeting with South Korean President Lee Jae Myung, Trump stated, “They have…

MP Materials strikes rare earths deal with US to cut China dependence

Cs news7 months ago03 mins

MP Materials has signed a landmark deal with the U.S. Department of Defense to expand rare earth magnet production and reduce reliance on Chinese supply. The agreement includes a government-backed floor price nearly twice the current Chinese rate, a $400 million equity investment, and long-term offtake guarantees for defense and commercial use. MP will invest…