$MP MP Materials bottomed today from a shallow correction. Next price target will be the previous ATH at $60. The US will undoubtedly build its rare earth industry onshore. MP Materials which owns the only operating rare earth mine and processing facility in the United States will benefit immensely.
Today news:
- Ford Still Not Getting Enough Rare Earth Magnets From China — WSJ
- China Is Tracking Down Its Rare-Earth Experts—and Taking Away Passports
Beijing asks companies for lists of specialists to keep tabs on them - WSJ
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