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China's rare earth export controls to expire November 10

The Motley Fool +1 · ·by G4L

MP
MP MP Materials Corp
$37.75 +6.61%
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  1. 1China's temporary suspension of rare earth material export controls will expire on November 10.
  2. 2MP Materials has secured a government-backed minimum price guarantee for 10 years.
  3. 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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