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MP Materials Accelerates Strategy to Reindustrialize the Rare Earth Supply Chain

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MP Materials (NYSE: MP) has announced the cessation of rare earth concentrate shipments to China in response to Chinese retaliatory tariffs of 125%. The company has invested nearly $1 billion to restore the complete rare earth supply chain in the United States.

The company's California refinery is currently processing approximately half of their production, with sales directed to markets outside China, including Japan, South Korea, and the United States. MP Materials is accelerating their downstream operations by ramping up oxide production, expediting heavy rare earth separation, and establishing magnet production facilities in Texas.

The company reports increased urgency from manufacturers seeking secure material sources and maintains close communication with federal leaders for industry support. MP Materials emphasizes their commitment to reindustrializing the rare earth supply chain on American soil.

MP Materials (NYSE: MP) ha annunciato la cessazione delle spedizioni di concentrato di terre rare verso la Cina in risposta ai dazi ritorsivi cinesi del 125%. L'azienda ha investito quasi 1 miliardo di dollari per ristabilire l'intera filiera delle terre rare negli Stati Uniti.

La raffineria californiana dell'azienda sta attualmente lavorando circa la metà della loro produzione, con vendite destinate a mercati al di fuori della Cina, inclusi Giappone, Corea del Sud e Stati Uniti. MP Materials sta accelerando le operazioni a valle aumentando la produzione di ossidi, velocizzando la separazione delle terre rare pesanti e creando impianti di produzione di magneti in Texas.

L'azienda riporta una crescente urgenza da parte dei produttori alla ricerca di fonti di materiali sicure e mantiene strette comunicazioni con i leader federali per ottenere supporto industriale. MP Materials sottolinea il proprio impegno nel reindustrializzare la filiera delle terre rare sul suolo americano.

MP Materials (NYSE: MP) ha anunciado la suspensión de los envíos de concentrado de tierras raras a China en respuesta a los aranceles represivos chinos del 125%. La compañía ha invertido cerca de 1.000 millones de dólares para restaurar toda la cadena de suministro de tierras raras en Estados Unidos.

La refinería de la empresa en California está procesando actualmente aproximadamente la mitad de su producción, con ventas dirigidas a mercados fuera de China, incluyendo Japón, Corea del Sur y Estados Unidos. MP Materials está acelerando sus operaciones posteriores aumentando la producción de óxidos, agilizando la separación de tierras raras pesadas y estableciendo instalaciones de producción de imanes en Texas.

La empresa informa de una mayor urgencia por parte de los fabricantes que buscan fuentes seguras de materiales y mantiene una comunicación cercana con los líderes federales para obtener apoyo industrial. MP Materials enfatiza su compromiso con la reindustrialización de la cadena de suministro de tierras raras en suelo estadounidense.

MP Materials (NYSE: MP)는 중국의 125% 보복관세에 대응하여 희토류 농축물의 중국 수출 중단을 발표했습니다. 회사는 미국 내 희토류 공급망 전반을 복원하기 위해 거의 10억 달러를 투자했습니다.

회사의 캘리포니아 정제소는 현재 생산량의 약 절반을 처리하고 있으며, 판매는 중국 외 시장인 일본, 한국, 미국으로 향하고 있습니다. MP Materials는 산화물 생산을 늘리고 중희토류 분리를 가속화하며 텍사스에 자석 생산 시설을 구축하여 하류 사업을 강화하고 있습니다.

제조업체들 사이에서 안정적인 원자재 확보에 대한 긴급성이 높아지고 있음을 보고하며, 연방 정부 지도자들과 긴밀히 소통하며 산업 지원을 요청하고 있습니다. MP Materials는 미국 내 희토류 공급망 재산업화에 대한 의지를 강조합니다.

MP Materials (NYSE : MP) a annoncé l'arrêt des expéditions de concentré de terres rares vers la Chine en réponse aux droits de douane punitifs chinois de 125 %. L'entreprise a investi près de 1 milliard de dollars pour restaurer l'ensemble de la chaîne d'approvisionnement des terres rares aux États-Unis.

La raffinerie californienne de la société traite actuellement environ la moitié de leur production, avec des ventes destinées à des marchés hors de Chine, notamment le Japon, la Corée du Sud et les États-Unis. MP Materials accélère ses opérations en aval en augmentant la production d'oxydes, en accélérant la séparation des terres rares lourdes et en établissant des installations de production d'aimants au Texas.

L'entreprise fait état d'une urgence accrue chez les fabricants cherchant des sources de matériaux sécurisées et maintient une communication étroite avec les dirigeants fédéraux pour obtenir un soutien industriel. MP Materials souligne son engagement à réindustrialiser la chaîne d'approvisionnement des terres rares sur le sol américain.

MP Materials (NYSE: MP) hat die Einstellung der Lieferungen von Seltenen-Erden-Konzentrat nach China angekündigt, als Reaktion auf chinesische Vergeltungszölle von 125 %. Das Unternehmen hat fast 1 Milliarde US-Dollar investiert, um die gesamte Lieferkette für Seltene Erden in den USA wiederherzustellen.

Die Raffinerie des Unternehmens in Kalifornien verarbeitet derzeit etwa die Hälfte der Produktion, wobei der Verkauf an Märkte außerhalb Chinas erfolgt, darunter Japan, Südkorea und die USA. MP Materials beschleunigt seine nachgelagerten Aktivitäten durch den Ausbau der Oxidproduktion, die Beschleunigung der Trennung schwerer seltener Erden und den Aufbau von Magnetproduktionsanlagen in Texas.

Das Unternehmen berichtet von einer gestiegenen Dringlichkeit seitens der Hersteller, die nach sicheren Materialquellen suchen, und steht in engem Kontakt mit Bundesführungskräften, um Unterstützung für die Industrie zu erhalten. MP Materials betont sein Engagement für die Reindustrialisierung der Lieferkette für Seltene Erden auf amerikanischem Boden.

Positive
  • California refinery processing ~50% of production for non-Chinese markets
  • $1 billion investment in US rare earth supply chain development
  • Increased manufacturer demand for secure material sourcing
  • Strategic expansion into downstream operations (oxide, heavy rare earth separation, magnets)
Negative
  • Complete cessation of Chinese shipments due to 125% retaliatory tariffs
  • Current stockpiling of concentrate indicates temporary revenue impact

LAS VEGAS--(BUSINESS WIRE)-- 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.

We have been preparing for this moment since day one. Our mission, capital strategy, and execution reflect a long-term vision built to withstand short-term dislocation and emerge stronger.

MP has invested nearly $1 billion to restore the full rare earth supply chain in the United States. Today, our California refinery is processing nearly half of our production, with virtually all of that material sold into markets outside China—including Japan, South Korea, and the United States.

We continue to produce and are stockpiling concentrate while accelerating downstream operations: ramping oxide production, fast-tracking heavy rare earth separation, and bringing magnet production online in Texas.

In recent days, manufacturers across critical industries have urgently reached out in search of a secure, resilient source of materials and magnets. We are uniquely positioned to answer that call. We are also in close contact with federal leaders and encouraged by their determination to support American industry—now and in the long term.

Together with our customers and U.S. government partners, we are accelerating every phase of our strategy to reindustrialize the rare earth supply chain—on American soil. MP is proud to lead this effort for our partners, our country, and the future.

About MP Materials

MP Materials (NYSE: MP) produces specialty materials that are vital inputs for electrification and other advanced technologies. MP’s Mountain Pass facility is America’s only scaled rare earth production source. The company is currently expanding its manufacturing operations downstream to provide a full supply chain solution from materials to magnetics. More information is available at https://mpmaterials.com/.

Join the MP Materials community on X, YouTube and LinkedIn.

Forward-Looking Statements

This press release contains certain statements that are not historical facts and are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “will,” “target,” or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements are subject to a number of risks and uncertainties, including risks related to changes in trade policy in the United States, China or other countries, including the implementation of new tariffs, and the impact on the Company’s business and results of operations as a result of these changes in trade policy; risks related to the Company’s ability to sell concentrate in Japan, South Korea, the United States and other markets outside of China; risks related to the timing and achievement of expected business milestones, and those risk factors discussed in the Company’s filings with the Securities and Exchange Commission, including Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other documents filed by the Company with the Securities and Exchange Commission.

If any of these risks materialize or the assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. The Company does not intend to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release may not occur.

Investors:

ir@mpmaterials.com

Media:

Matt Sloustcher

media@mpmaterials.com

Source: MP Materials

FAQ

How will MP Materials' cessation of rare earth shipments to China affect its business?

MP Materials is redirecting production to non-Chinese markets and accelerating domestic processing capabilities, while stockpiling concentrate and expanding downstream operations.

What percentage of MP Materials' production is processed at their California refinery?

The California refinery currently processes nearly half of MP Materials' production, selling to markets in Japan, South Korea, and the United States.

What is MP Materials' investment in US rare earth supply chain development?

MP Materials has invested nearly $1 billion to restore the full rare earth supply chain in the United States.

What are MP Materials' plans for expanding downstream operations?

MP is ramping up oxide production, fast-tracking heavy rare earth separation, and establishing magnet production facilities in Texas.

How is MP Materials responding to China's 125% tariffs on rare earth exports?

MP has ceased shipments to China and is focusing on domestic processing and alternative markets while stockpiling concentrate.
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