Rare earth prices hit two-year peak after MP Materials stops China shipments
By Eric Onstad and Amy Lv LONDON/BEIJING (Reuters) -Prices of two rare earth elements needed for super-strong magnets have surged to their highest in more than two years after U.S. miner MP Materials (MP) stopped raw material exports to leading magnet maker China amid rising demand. China dominates the global supply chain for rare earths,…