USA Rare Earth

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.

China banned exports of dual-use goods to ten American firms, including USA Rare Earth, which recently acquired Brazil’s Serra Verde rare earth mine, the only such mine producing at scale outside Asia.

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.

Trump faces significant leverage disadvantage in negotiations with China over rare earth exports, as the US has no immediate alternatives to Chinese rare earth supplies despite aggressive domestic industrial policy efforts. The Trump administration is pushing for an extension of China's export moratorium on rare earths like yttrium and dysprosium, but lacks comparable leverage on fossil fuels that China doesn't urgently need.

USA Rare Earth is acquiring Brazil’s Serra Verde in a $2.8 billion deal, marking a significant investment in the mining sector. The transaction highlights growing interest in rare earth resources and cross-border industrial partnerships.