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Author: Admin | 2025-04-28
Percent tariff on rare earth magnets from China, set to take effect in 2026. This marks the first time that critical minerals, including rare earth magnets, have been specifically included in the tariffs.[53] Following the tariffs MP Materials put out a statement listing the tariffs. After the announcement, CEO James Litinsky attended an event with Biden at the White House.[54]^ Khan, Yusuf (April 25, 2023). "The U.S. Wants a Rare-Earths Supply Chain. Here's Why It Won't Come Easily". The Wall Street Journal. Archived from the original on April 14, 2024. Retrieved April 14, 2024.^ Seligman, Lara (December 14, 2022). "China Dominates the Rare Earths Market. This U.S. Mine Is Trying to Change That". Politico. Archived from the original on December 14, 2022. Retrieved May 10, 2024.^ Cardona, Megan (December 10, 2021). "MP Materials magnet manufacturing facility to bring over 100 jobs to North Texas". Fort Worth Star-Telegram. Retrieved May 21, 2024.^ a b Zhou, Jackie (May 9, 2021). "US seeks to challenge China on rare-earth elements, key ingredients in Biden's energy plan". Fox Business. Retrieved July 12, 2021.^ "Could The MP Materials Corp. (NYSE:MP) Ownership Structure Tell Us Something Useful?". Simply Wall Street. Retrieved August 20, 2021.^ "MP Materials Corp". Yahoo! Finance. Retrieved May 21, 2024.^ Burke, Taylor (January 15, 2024). "Cortez Masto looking to strengthen domestic green energy, rare-earth elements supply chain dominated by China". KOLO 8 (ABC). Archived from the original on April 14, 2024. Retrieved April 14, 2024.^ "MP Materials Corp 2020 Form 8-K Quarterly Report". U.S.
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