Investing.com -- MP Materials, recently issued a statement in response to China’s new export controls on rare earths. The company emphasized the necessity of securing an independent supply chain for these materials, stressing their importance to both industrial and national security in America.

MP Materials, which is deeply committed to this cause, believes it is well positioned to help secure this end-to-end rare earth supply chain. The recent developments in China underline what has been understood for some time: the importance of America having its own secure supply chain for these critical materials.

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