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Politics : Politics for Pros- moderated
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To: Thomas M. who wrote (793398)10/21/2025 3:58:08 PM
From: D. Long   of 793532
 
MP has since (thanks to Trump) received substantial investment making the US government a large shareholder, and because of tariffs has ceased business with Shenghe as of this year. MP is building out its own rare earth magnet plants now in Texas.

The DoD basically sets the price floor for MP. It is subsidizing MP to preserve and expand US rare earth supply, processing, and magnet production.
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