Latest news with #MPMaterials
The Market Online
13 hours ago
- Business
- The Market Online
Hensoldt, Almonty Industries, MTU Aero Engines – Profit-taking after milestone
The signs of a correction on global stock markets are growing. In addition to the historically high Shiller P/E ratio, call options reached their highest share since the meme stock euphoria of 2021 last week, accounting for almost 70% of total option volume. Market sentiment is extremely bullish, which could indicate an imminent consolidation. One of the most promising commodity companies of the future consolidated last week. Following outstanding news, investors cashed in, which could offer long-term entry opportunities. This article is disseminated in partnership with Apaton Finance GmbH. It is intended to inform investors and should not be taken as a recommendation or financial advice. Almonty Industries – Sell on good news The fact that both stock indices and individual stocks move in waves, even during extreme upward movements, is nothing new on the stock market. Consolidations reduce overbought situations and the market looks for 'refueling stations' to find new entry opportunities. This was also the case last week with the up-and-coming tungsten producer Almonty Industry (TSX:AII), which is becoming a beacon of hope for Western raw material supplies thanks to the construction of its mine in South Korea. Following its successful Nasdaq listing in mid-July and the completion of an issue of 20,000,000 common shares at an issue price of USD 4.50 per share, which generated gross proceeds of USD 90 million for the Canadian company and strategically set the course for further expansion, Almonty's share price began to decline. However, long-term investors should bear one thing in mind. With its cash reserves, Almonty is not only expanding its own tungsten oxide production but also creating a unique selling point with its own smelting operation, making it the only fully integrated Western tungsten source, thereby securing its independence from the Chinese refining market. Several analyst firms have recognized this clever move. In their latest study, analysts at GBC AG set the target price as of December 31, 2026, at EUR 5.28, equivalent to CAD 8.50. Compared to similar companies, such as MP Materials, a leading US producer of rare earth elements, there is a significant discrepancy in the valuation of the two companies based on their future EBITDA figures. Almonty currently has a market capitalization of CAD 1.20 billion, significantly less than MP Materials, which is valued at CAD 15.05 billion. However, a look at the EBITDA forecasts paints a very different picture in terms of growth. Almonty is expected to generate EBITDA of CAD 105.18 million in 2026, which is expected to more than triple to CAD 384.55 million by 2028. MP Materials' growth over the same period is significantly more moderate, from USD 125.20 million to just USD 190.92 million. Source: LSEG as of July 25, 2025 Hensoldt – Chart picture looking shaky Defense stocks also showed signs of correction in recent trading sessions. Hensoldt, a specialist in sensor and electronics solutions for defense, security, and aviation applications, which already had a price-to-earnings ratio of over 70, lost over 6% to close the week at EUR 96.95, further clouding the chart picture. A fall below the EUR 95 mark could accelerate a further sell-off, which could only find support at the significant support level in the EUR 76 zone. Investors ignored the announcement of a major order worth more than EUR 340 million to supply state-of-the-art radar systems to Ukraine. According to the Taufkirchen-based company, the current delivery package includes high-performance TRML-4D radars and short-range systems from the SPEXER-2000-3D-MkIII series. The aim of this delivery is to specifically improve Ukraine's air defense capabilities. According to Hensoldt, the TRML-4D radar is capable of detecting up to 1,500 targets simultaneously within a 250 km radius. It detects, tracks, and classifies air targets, such as drones, aircraft, helicopters, and cruise missiles, in real-time. The system is supplemented by the SPEXER radar series, which is designed for shorter ranges. These sensors enable the automatic detection of ground and sea targets as well as low-flying objects. MTU Aero Engines on a rollercoaster ride First, analysts and investors alike applauded the Company's better-than-expected forecasts for the second quarter of 2025. However, after reaching a new all-time high, investors cashed in. Within two trading days, MTU shares lost around 11.50% to a price of EUR 361. In the second quarter, the Company, one of the leading engine manufacturers for Airbus and Boeing, significantly exceeded analysts' expectations and at the same time sent a strong signal for the rest of the year by raising its annual forecast. Revenue increased by 21% to EUR 4.1 billion, while operating profit (EBIT) reached EUR 657 million, marking a positive surprise for the market. Adjusted net profit climbed by 40% year-on-year to EUR 479 million. CEO Lars Wagner confirmed that the Company is clearly on track to achieve its increased annual targets. These targets include a revenue range of between EUR 8.6 and 8.8 billion and an adjusted EBIT growth rate of 21 to 25%. The overall market is reeling, but global indices have managed to remain close to their highs. Defense stocks were particularly hard hit. Almonty Industries' milestone announcements point to attractive long-term entry opportunities. Conflict of interest Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as 'Relevant Persons') may hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a 'Transaction'). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company. In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships. For this reason, there is a concrete conflict of interest. The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies. Risk notice Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such. The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. 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The Market Online
20 hours ago
- Business
- The Market Online
Building assets, producing critical minerals and slashing dependency on China
Almonty Industries Inc. (TSX:AII; NASDAQ:ALM) is building real assets, producing critical minerals, and slashing Western dependency on China. Meanwhile, MP Materials basks in inflated multiples, boosted by Washington headlines and investor complacency. This isn't just a valuation gap, it's a market failure. Back with us today is Matthias Greiffenberger, our trusted capital markets analyst at GBC AG, who just dropped a report that calls this out in no uncertain terms. If you're still pricing potential over performance, buckle up. Lyndsay: Matthias Almonty's got production, they've got that geopolitical leverage and tungsten dominance. MP's got branding and Beltway Buzz. So why is the market handing MP a billion dollar valuation while Monty gets priced still like a junior? Matthias: Well, I think it basically boils down to perception where there's fundamentals. MP Materials is playing the capital markets game very well. They have a high profile New York Stock Exchange listing for years. A polished PR machine, strong political visibility in Washington, and that gives them a great branding and that gives them also a valuation premium. And in contrast, Almonty has stayed laser focused on execution. They've been building what will soon be one of the largest tungsten mines outside of China. And they're fully permitted, government backed and already contracted with US defense. So I think it's basically what I just said is it's a big gap between perception fundamentals. They just listed on NASDAQ, but the market still hasn't caught up to the story. The fundamentals are already there. It's not a risky junior anymore but it's been priced like one. Lyndsay: Tungsten's one of the hardest supply chains to break into. And Almonty broke in. As you said, Korea's Sangdong mine isn't just a story, it's a strategic asset that they're building. Now why aren't investors treating it like one then? Matthias: That's the disconnect. The Sangdong isn't just a project, it's a geopolitical level fully permitted, financed by governments with a 15 year offtake agreement with a US defense contractor. And this tungsten is destined for critical defense uses like drones, missiles and high-tech electronics. It's one of the few large scale tungsten sources outside of China and the US is well aware of it. But because Sangdong hasn't hit first production yet, the market still treats it like a theoretical. So once that flips, it should be viewed for what it is, a Western cornerstone and asset in a weaponized global supply chain. Lyndsay: Well, your report laid it bare, Almonty is executing, while MP is still mostly marketing. What specific financials or milestones prove Almonty is massively still mispriced? Matthias: There's a clear difference between hype and hard data and Almonty's numbers are starting to speak louder and clearer. The constructed Sangdong mine is nearly complete. Long-term off-take contracts at floor pricing are already signed for Sangdong. Financially they're, in my opinion, on track to generate triple digit millions in EBITDA within the next few years. And meanwhile, MP trades as a massive multiple on much slower expected growth. So, in my view, Almonty offers more upside and a stronger margin leverage yet its valued significantly lower. Lyndsay: You've mentioned it a little bit. You've got Almonty trading at a fraction of MP despite operating margins, supply contracts and even that national level backing. Is this about ignorance or is Wall Street actually just being lazy when it comes to small caps? Matthias: Honestly, it's probably a bit of both. There are still blind spots when it comes to small caps especially when they were listed in Canada or Germany. So, institutions tend to stick with the brands they know even when the fundamentals say otherwise. But that dynamic is shifting fast. Almonty is now listed on NASDAQ and the strategic narrative is impossible to ignore. So once these institutions look past the name recognition, the discount should vanish. Lyndsay: We all know that every mispricing does have that breaking point. Matthias, what's going to force this rerate and when it happens, how violent do you think it could be that the snapback happens for anyone that's not already in? Matthias: I think that the trigger is pretty obvious. It's the first production at Sangdong. So, that's when the narrative flips. Almonty will, in my opinion, become a cash generating strategically critical western supplier and market stock for non-Chinese tungsten. And the fundamentals are real. The supply chain is secure and the contracts are signed. So now all that is left is that the market catches up and once they catch up, they will catch up quickly. As always regarding the conflict of interest, please check out These conversations are packed full of sharp insights to guide your investment decisions, but remember, they're our opinions. Our guests may have skin in the game, and so do we. Do your own due diligence, know your risk tolerance and speak with a licensed advisor. For the full GBC report, head to their site: Join the discussion: Find out what everybody's saying on the Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here
Yahoo
a day ago
- Business
- Yahoo
Rare Earth Magnets Market Report 2026-2036, with Detailed Analysis of 29 Leading Companies Across the Rare Earth Magnet Value Chain
In 2025, the rare earth magnet market faces unprecedented pressures due to geopolitical tensions, supply chain disruptions, and soaring demand from emerging technologies such as electric vehicles and robotics. China's export controls have particularly impacted industries like defense and Tesla's humanoid robots, causing significant ripple effects worldwide. The U.S.'s strategic interventions, including a $400 million investment in MP Materials and Apple's $500 million recycling partnership, highlight efforts to lessen dependency on Chinese exports. The demand for rare earth magnets, valued at $19 billion, continues to grow, underscoring the necessity for alternative technologies and robust domestic supply chains. The report examines the entire supply chain, from mining to recycling, and profiles key industry players. Dublin, July 28, 2025 (GLOBE NEWSWIRE) -- The "Global Rare Earth Magnets Market 2026-2036" report has been added to offering. The rare earth magnet market stands at a critical juncture in 2025, shaped by unprecedented geopolitical tensions, supply chain disruptions, and explosive demand growth from emerging technologies. The industry's strategic importance has become paramount as governments and corporations recognize these materials as essential infrastructure for the global energy transition and technological advancement. The most significant recent development has been China's implementation of export controls on rare earth magnets beginning in April 2025, which triggered immediate supply chain disruptions across multiple industries. China's rare earth magnet exports to the United States experienced dramatic volatility, with shipments initially halted before surging 660% in June 2025 following trade negotiations. This rebound, while substantial, still leaves overall 2025 exports trailing previous year levels, demonstrating the fragility of current supply arrangements. The export restrictions particularly impacted critical applications including defense systems, electric vehicles, and emerging technologies like Tesla's Optimus humanoid robots. Ford halted production at its Chicago plant due to magnet shortages, while companies across industries depleted stockpiles while scrambling for alternative sources. Despite a temporary trade framework announced in June 2025, implementation remains problematic with companies facing ongoing uncertainty about future supply availability. The crisis has accelerated fundamental restructuring of global rare earth magnet supply chains. The U.S. Department of Defense's $400 million investment in MP Materials represents the largest government intervention in the sector, aimed at creating domestic magnet production capabilities. MP Materials has strategically halted all rare earth exports to China as of April 2025, redirecting focus toward domestic processing and magnet manufacturing at its Mountain Pass facility. Apple's $500 million partnership with MP Materials for recycling facility development exemplifies industry efforts to build resilient domestic supply chains. These initiatives reflect growing recognition that supply chain diversification requires comprehensive investment across the entire value chain, from mining through final magnet production. However, analysts warn that developing complete alternatives to Chinese capabilities will require years rather than months, given the complex separation and processing technologies involved. Market fundamentals remain exceptionally strong despite supply disruptions. Global rare earth magnet demand approaches 385,000 tonnes annually in 2025, valued at approximately $19 billion, with compound annual growth of 7.8% driven primarily by automotive electrification and renewable energy deployment. Emerging applications promise even more dramatic growth. Robotics, currently a small demand category, is forecast to become the single largest driver of neodymium-iron-boron (NdFeB) magnet consumption by 2040, driven by professional service robots in manufacturing, hospitality, and transportation. The humanoid robotics sector alone could require massive magnet quantities as production scales toward potential deployment of billions of units. Rising costs and supply uncertainty are driving intensive research into alternative magnet technologies. Cerium-based formulations are gaining attention as substitutes for dysprosium-enhanced magnets, with cerium offering advantages as a light rare earth element avoiding current export restrictions. Companies like Volkswagen's Scout Motors are exploring magnet-free motor designs, while automakers broadly investigate reduced-magnet architectures. However, these alternatives often involve performance trade-offs that limit applicability in high-performance applications. The concept of "demand destruction" through technological substitution represents a long-term market risk, but near-term demand growth from electrification continues to outpace substitution efforts. The rare earth magnet market's evolution represents a fundamental shift from commodity trading toward strategic resource management, with profound implications for global technology deployment, national security, and the pace of energy transition. Success in navigating these challenges will determine which nations and companies maintain technological leadership in the emerging clean energy economy. The Global Rare Earth Magnets Market 2026-2036 report provides the most comprehensive analysis of the rapidly evolving rare earth permanent magnet industry, delivering critical insights into market dynamics, supply chain vulnerabilities, technological innovations, and strategic opportunities across key application sectors. This authoritative 270-page plus report combines deep technical expertise with extensive market research to deliver actionable intelligence for stakeholders navigating the complex rare earth magnet ecosystem. As global demand for high-performance magnetic materials accelerates driven by electrification megatrends, renewable energy deployment, and emerging technologies including humanoid robotics, the rare earth magnet market faces unprecedented supply chain challenges and strategic realignment. With China's dominant position in production and processing creating geopolitical risks, alternative supply chain development has become a critical priority for governments and corporations worldwide. This report examines the complete rare earth magnet value chain from mining and separation through metallization, manufacturing, and recycling, providing detailed analysis of production capacity forecasts, demand projections by application segment, technological innovation pathways, and strategic recommendations for market participants. The analysis covers neodymium-iron-boron (NdFeB) and samarium-cobalt (SmCo) permanent magnet technologies across automotive, wind energy, consumer electronics, data centers, robotics, medical imaging, aerospace, marine, and industrial automation applications. Report contents include: Critical materials classification and rare earth magnet technology fundamentals Global market sizing, demand projections, and geographic distribution analysis Supply chain architecture assessment and strategic implications Regulatory environment evolution and policy framework impact Supply Chain and Value Chain Analysis Complete value chain structure from mining through magnet manufacturing Geographic production stage distribution and regional cluster development Market entry barriers, implementation challenges, and competitive dynamics 2025 export restriction impact assessment on dysprosium, terbium, and NdFeB alloys Rare Earth Mining and Production Global mining landscape with detailed regional development analysis North American, Australian, European, South American, and African project pipelines Hard rock versus ionic clay deposit comparison and processing technologies Mining economics, financial modelling, and resource discovery lifecycle analysis Processing and Separation Technologies Comprehensive processing technology comparison including hydrometallurgical and bioleaching methods Solvent extraction, chromatography, and multi-line separation system analysis Global processing capacity forecasts and geographic distribution projections Technology innovation roadmap and development priorities Magnet Manufacturing and Technology Metallization process fundamentals and global capacity control analysis NdFeB and SmCo magnet technology comparison and performance characteristics Sintered and bonded magnet manufacturing processes and innovation developments Grade classification, performance specifications, and cost structure analysis Application Market Analysis Electric vehicle and e-mobility market demand forecasts with motor technology assessment Wind energy sector analysis including turbine technology and magnet requirements Consumer electronics, data centers, and hard disk drive market dynamics Robotics and humanoid robot technology platform analysis Medical imaging, aerospace, marine, and industrial automation applications Recycling Technologies and Circular Economy Short-loop and long-loop recycling technology comparison and performance analysis Feedstock sources, pre-processing challenges, and automation integration Market barriers assessment and industry outlook through 2036 Value chain evolution and circular supply chain development Market Forecasts and Strategic Analysis Production capacity forecasts by geographic region (2026-2036) Demand projections by application segments and materials Supply-demand balance analysis and shortage risk assessment Revenue forecasts, investment opportunities, and risk assessment framework Technology innovation roadmap and competitive dynamics evolution Company Profiles and Competitive Intelligence Detailed analysis of 29 leading companies across the rare earth magnet value chain Strategic positioning, technology focus, and market development initiatives Investment activities, partnership strategies, and capacity expansion plans The report provides comprehensive profiles of 29 leading companies across the rare earth magnet value chain including: Arafura Resources Limited Australian Strategic Materials Ltd (ASM) Carester (Caremag) Cyclic Materials Energy Fuels Inc. Hastings Technology Metals Limited HyProMag Ionic Rare Earths Ionic Technologies JL Mag Lynas Rare Earths Limited MagREEsource Materials Nexus Metalysis MP Materials Corporation Neo Performance Materials Niron Magnetics and more. These profiles examine strategic positioning, technology capabilities, production capacity, market focus, and development initiatives across mining, processing, manufacturing, and recycling operations. For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Connectez-vous pour accéder à votre portefeuille
Mint
2 days ago
- Business
- Mint
China strong-armed Japan over rare earths. It's a lesson for the US.
TOKYO—The U.S. found out this year that China could use its chokehold on rare-earth minerals as a coercive tool when Beijing imposed export controls. For Japan, it was déjà vu: It had been the victim 15 years earlier. Tokyo vowed in 2010 to be ready for next time and over the years put hundreds of millions of dollars into Australian supplies. Yet as of last year, it was still relying on China for some 70% of its imports of rare earths, which are widely used in electronics, cars and weapons, according to the government-owned Japan Organization for Metals and Energy Security. When China restricted rare-earth exports in April, some of Japan's automakers again got hit. Japan's experience drives home lessons for the U.S., where the Pentagon recently agreed to take a stake in Las Vegas-based MP Materials so it can mine and refine rare earths on American soil. Tokyo found that partially reducing dependence still leaves Beijing with plenty of leverage. At the same time, complete independence costs billions of dollars, not millions. After the crisis passed and China resumed exports to Japan, the urgency to diversify supplies waned. That points to the danger of complacency in the U.S. After it was hit by Chinese rare-earth export controls earlier this year, the U.S. recently got Beijing to reopen the spigot as part of a trade deal. If costs don't matter, cutting reliance on China might be feasible, but businesses can't swallow high costs, said Kazuto Suzuki, a professor at the University of Tokyo's Graduate School of Public Policy. People in Japan 'understood that there was a vulnerability, but everyone still relied on China because the conclusion was that there weren't other options," Suzuki said. Four decades ago, a Japanese scientist named Masato Sagawa invented the most powerful type of permanent magnets containing a rare-earth element called neodymium. The breakthrough underlies the magnets widely used today. By early this century, it was China, not Japan, that had come to dominate supplies of the 17 rare-earth elements as well as the refining of the metals and manufacture of magnets containing them. In 2009, 85% of Japan's rare-earth imports came from China. Beijing realized it had a diplomatic tool and used it in 2010, when a Chinese trawler collided with Japanese patrol vessels near islands controlled by Japan and claimed by China. Japan detained the captain and crew, sparking a diplomatic clash. Japanese users of rare earths reported severe delivery disruptions, although Beijing denied doing anything. The captain was released under Chinese pressure, and tensions eased after a few months. But Japan sought alternative suppliers. 'We're going to pursue a variety of risk hedges," said Japan's foreign minister at the time. 'It isn't good to lean too much on one country." Tokyo's biggest initiative from that era was a deal with Australia's Lynas Rare Earths that, in hindsight, helped somewhat but didn't go nearly far enough or contribute quickly enough to undercut China's dominance. The government body now called the Japan Organization for Metals and Energy Security, or Jogmec, as well as trading company Sojitz provided Lynas a $225 million loan to secure rare earths for Japan. The Lynas project didn't help Japan with securing a subset of rare-earth elements known as heavy rare earths, which are generally less common than the light ones. The heavy elements include dysprosium and terbium, which are commonly used alongside neodymium, a light rare-earth element, in strong permanent magnets. The rare-earth elements tend to be intermingled. Miners are reluctant to invest in specialized equipment for processing the relatively small quantities of heavy rare earths that they extract alongside the light elements. Meanwhile, in the field of rare-earth magnets that Japan had once led, it actually deepened its dependence on China after the 2010 showdown. Japan's biggest companies formed partnerships with Chinese magnet makers in the 2010s, reasoning that they could protect themselves from political blackmail if they had friends in China with secure supplies. Among the deals was a joint venture formed in 2013 by Tokyo-based TDK with China's state-backed Rising Nonferrous Metals Share. The Japanese companies had production know-how that made them attractive partners at the time in China. Afterward, China's dominance grew. In 2013, Japan's share in the global neodymium-magnet market was at 23% while China held about three-quarters. By 2021, Japan's share fell to 15% while China's rose to about 84%, according to government figures based on data from research firm Fuji Keizai. It took more than a decade for Japan to do something about the gap in its policy. In 2023, the Japanese government body, Jogmec, and Sojitz invested an additional 200 million Australian dollars, equivalent to around $130 million today, in Lynas. The company recently started to produce dysprosium and terbium, up to 65% of which is headed to Japan under the deal. Separately, Jogmec and energy firm Iwatani said in March they would invest 110 million euros, equivalent to $129 million, in a subsidiary of France's Carester to support a project that could supply a fifth of Japan's demand for dysprosium and terbium. Japan now says it wants to beef up production of neodymium magnets, develop magnets using smaller amounts of rare earths and step up recycling.
New York Post
2 days ago
- Business
- New York Post
China's tightening grip on rare earths is proof Trump is right to seek independence
China's decision to keep its new rare-earth quotas secret is fresh proof that it means to tighten control of the market — and that President Trump is absolutely right to make US independence on the vital resource a top priority. The quotas themselves aren't new: The Chinese Communist Party has been using them since 2006 to control supply of the much-sought-after materials. But this year, Beijing is being particularly hush-hush on the amounts the government will allow, even reportedly warning companies not to divulge the quota numbers. Advertisement That's grim news for . . . everybody. Rare earths are a vital component for a whole host of products that make up modern life, from laptops to electric vehicles to smartphones. The US military needs them, too, for everything from drones to submarines to warplanes. Advertisement Yet getting these materials generally means going through Beijing; China dominates the market, producing about 90% of the world's rare earths. President Xi Jinping used this massive advantage back in April, restricting exports of rare earths as a leveraging tool during trade talks with the White House. Trump has clearly recognized America's lack of direct access to rare earths as the economic and national-security risk that it is; addressing that threat has been a project of the White House since Day 1. Advertisement Look at the prez's efforts to secure a mineral deal with Ukraine, and his fixation on buying Greenland, which is rich in rare earths. Last month, the administration took a solid step toward declaring rare-earth freedom, with the Department of Defense inking a massive $400 million deal to buy 15% equity in MP Materials, the operator of what was the only rare earths mine in the United States. Days later, Apple signed a $500 million deal with MP Materials, part of CEO Tim Cook's push to reduce his company's reliance on China. That's a wise move for the iPhone maker, but it's a win for Trump, and America, too. Advertisement Meanwhile, Ramaco Resources just opened the nation's first new rare-earth mine in 70 years — the Brook Mine outside Ranchester, Wyo. So while Trump's tariffs seek more equitable trade deals, his broader economic approach aims for US self-sufficiency and ending our reliance on adversaries, like China, for critical materials and parts. The deal with MP Materials is just the first step; ramping up further domestic production would take significant cash and time investment, which is why Team Trump needs to keep the push going. Mineral agreements with friendlier partners could also help, like the one the Trump folks signed as part of the peace deal it negotiated between Rwanda and the Congo in June. Even investments in recycling, which could make the materials from old phones and laptops reusable, could play a part. China's current lock on rare earths is a ticking time bomb that the Trump administration is dead right to dismantle. Stick to it, Mr. President.
