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MP Materials Ceases Rare Earth Concentrate Shipments to China Amid Retaliatory Tariffs and Export Controls

Benzinga·04/17/2025 16:56:19
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In response to China's retaliatory tariffs and export controls, MP Materials (NYSE:MP) has ceased shipments of rare earth concentrate to China. Selling our valuable critical materials under 125% tariffs is neither commercially rational nor aligned with America's national interest.