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-1.55279503110745E-06 -0.00152329192546587 -0.00186335403726715 -0.00108695652173925 -0.00295031055900618 -0.00714285714285716 -0.00885093167701864 -0.0077639751552795
Stock impact report

New ‘Project Vault' critical minerals stockpile is ‘first step of many' needed for U.S. to break China's supply chain chokehold By Jordan Blum Editor, Energy By Jordan Blum Editor, Energy ...

MP Materials Corp. (MP) 
Company Research Source: Fortune
Export-Import Bank is “absolutely” needed, but it represents just the first step of many to break China's supply chain dominance of minerals , including rare earths, over several years to come, industry analysts said. Recommended Video The plans for the emergency national stockpile of certain critical minerals, announced Feb. 2, comes after the Trump administration already has taken the unusual step of making direct investments in several U.S. and Canadian critical minerals mining and processing companies over the past 10 months. While supply chain disruptions began showing up during the COVID-19 pandemic, the beginning of a tariff trade war with China last year triggered the “weaponization” of the dominance it had built up over several decades in critical minerals mining, processing, and magnet-manufacturing supply chains. Specific minerals, especially the 17 rare earths metals, are vital to manufacturing everything from military equipment to cars to high-powered computing and Show less Read more
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