China's rare earth export controls to expire November 10
MP MP Materials Corp
$37.75 +6.61%
View chart & analysis → - 1China's temporary suspension of rare earth material export controls will expire on November 10.
- 2MP Materials has secured a government-backed minimum price guarantee for 10 years.
- 3USA Rare Earth's CHIPS Act funding amount is up to $1.6 billion.
So what's the key point?
The measures preventing China from selling rare earth materials will end on November 10. MP Materials has secured a minimum price guarantee from the government for 10 years.
Source The Motley Fool +1 · View original ↗
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