Trump signs executive order tightening defense critical-mineral sourcing rules and adjusts aluminum tariffs

MP MP Materials Corp

$42.43 -2.14%

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F +0.83% AA -0.43% GM +1.98% USAR -4.57% CRML -4.11% 1 more

1. 1President Trump signed an executive order strengthening exemption requirements for defense contractors sourcing critical minerals from prohibited suppliers such as China
2. 2Contractors are now required to submit evidence of efforts to find alternative suppliers, disclose raw-material origins, and present plans to reduce dependence
3. 3At the same time, he also signed a proclamation adjusting aluminum tariffs and establishing incentives for new and expanded U.S. smelters; MP and CENX rose, while AA and KALU declined

Source Barrons.com +2 · View original ↗

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