Rare earth stocks are down on the year even as prices climb, Canaccord says. Western NdPr is above $110/kg, yet MP Materials trades at $40.17, about half its $82 target, and the REMX ETF slid from above $100 to the high-$50s. #RareEarths#MP#Mining
The U.S. needed about 48,000 metric tons of rare earth magnets last year, but domestic sources supplied just 300. China makes over 90% of world supply, and a Pentagon ban on Chinese magnets starts Jan. 1. #RareEarths#China#Defense#Magnets
China's rare earth shipments to the US fell 21% month over month in August to 512 tons, just ahead of Thursday's Trump–Xi meeting in Washington. With Beijing controlling 95%+ of critical material refining, supply access is now the leverage in the room. #RareEarths
China still refines 85% of the world's rare earths and 72% of critical minerals, despite growing U.S. investment. Washington is now targeting a key bottleneck: the domestic mining workforce. #CriticalMinerals#RareEarths#China#Mining
Brazil is tightening control over critical minerals, with new rules allowing scrutiny of foreign mining deals. But despite holding the world’s No. 2 rare earth reserves, it still lacks a commercial magnet supply chain. #Brazil#RareEarths#Mining
