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July 24, 2025
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Tag: MP Materials

MP Materials stops sending US rare earths to China amid Beijing's tariffs
  • China News

MP Materials stops sending US rare earths to China amid Beijing’s tariffs

Cs news3 months ago04 mins

(Reuters) -MP Materials, which owns the only U.S. rare earths mine, said on Thursday it has stopped shipping the critical minerals to China for processing after Beijing boosted import tariffs to 125% in response to U.S. levies, sending the company’s shares down nearly 5%. The move essentially halts a major source of revenue for MP…

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