Beijing adds 10 US firms June 22; MOFCOM Announcement No. 26 (June 24, effective July 1) adds whistleblower rewards for illegal exports; Mineral Resources Law in force June 15
MP Materials
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MP 55.62USD ▼ -13.71% 30d · Jun 25
tracked under Minerals ▸ Rare earths & magnets
Fort Worth 'Independence' facility shipped first magnets December 2025; Q1 2026 NdPr output hit record 917t; Pentagon's $400m equity stake and $110/kg price floor make the US government the underwriter of America's magnet supply
The DoD's $110/kg NdPr floor with MP Materials became a template; Washington negotiated allied floors with Mexico, the EU and Japan by February 2026; the One Big Beautiful Bill's Section 20004 appropriated $2bn for a Strategic Resilience Reserve; the G7 Évian declaration committed $64bn across 195 projects