MP Materials

Rep. Susie Lee, a Nevada Democrat, emphasized bipartisan efforts during a speech but later expressed a desire to 'beat the s--- out of' Pete Hegseth. The remarks occurred as she discussed rare earth minerals and her advocacy for MP Materials, a U.S. critical minerals company, amid her re-election campaign in a closely divided district. Lee has faced prior scrutiny for profanity-laced social media posts targeting Donald Trump.

Rep. Susie Lee, a Nevada Democrat, expressed contradictory remarks during a public event, stating her commitment to bipartisanship while also declaring she wanted to 'beat the s--- out of' Pete Hegseth. The comments occurred as she discussed rare earth minerals and her advocacy for MP Materials, a U.S. company. Lee, who faces re-election in a closely divided district, has previously drawn scrutiny for profanity-laced social media posts.

China added two US rare earth miners, MP Materials and USA Rare Earth, to its export control list alongside eight technology companies in response to the US Department of Defence blacklisting Chinese businesses linked to the People’s Liberation Army. The move restricts these companies from purchasing Chinese exports with dual civilian and military applications.

USA Rare Earth is responding to a lawsuit from MP Materials as competition intensifies. The article mentions lithium mining in Brazil's Minas Gerais state, where the state aims to attract investors for its lithium resources to meet demand for electric-vehicle batteries.

China added 10 US firms, including MP Materials and USA Rare Earth, to its export-control list. These companies are funded by Washington to challenge China's dominance in rare-earth materials.

China imposed export controls on 10 US rare earth companies, including MP Materials and USA Rare Earth, in response to the Pentagon's designation of Chinese firms. Analysts say this marks a significant escalation testing the durability of the US-China truce reached in October.

China sanctioned 10 U.S. defense companies, restricting exports of dual-use items in response to U.S. sanctions against Chinese tech firms. The move follows the U.S. Defense Department adding Alibaba, Baidu, and others to a list of companies alleged to have military ties.

Australian mining billionaire Gina Rinehart's Hancock Prospecting invested over $1 billion in SpaceX's IPO, with potential future collaborations in critical minerals. The investment aligns with Rinehart's existing stakes in rare-earth producers Lynas Rare Earths and MP Materials.

Sen. Bernie Sanders is proposing a bill to give the federal government a stake in leading AI companies, mirroring President Trump's approach of securing government stakes in strategic firms. The proposal faces criticism from lawmakers in both parties, with some calling it 'communist' and expressing concerns about government overreach in the private sector.

The Chinese Communist Party controls a significant portion of the global rare earth mining and refining capacity, which is crucial for America's economic and national security. The Trump administration is working to break China's stranglehold on Africa's rare earth mineral market. This effort aims to restore American energy and mineral dominance.

The US and EU have reached a deal to reduce China's dominance in critical minerals. MP Materials, America's only rare earths producer, currently sends its Mountain Pass mine output to China due to global refining capacity shortages.