U.S. Rare Earth Industry Strains Under Chinese Export Curbs

The U.S. rare earth sector is facing pressure from China’s new export restrictions, with MP Materials halting ore shipments to China due to rising tariffs. The company plans to boost domestic processing at its Mountain Pass facility in California. Defense contractors like Lockheed Martin are closely monitoring supply chain impacts to safeguard critical material access. Other firms, including NioCorp and US Critical Minerals, are working to establish new domestic mines. However, these projects are still years from becoming operational.

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