China Bars Exports to MP Materials, USA Rare Earth, Escalating Supply Clash
Beijing added MP Materials and USA Rare Earth to its export control list, halting Chinese dual‑use shipments to the two firms that anchor the U.S. mine‑to‑magnet supply chain. The move is a retaliation for recent U.S. restrictions on Chinese companies and could tighten global rare‑earth prices, pressuring domestic manufacturers and investors.