MAGNET SHORTAGE HITS AUTO AND AIRCRAFT MANUFACTURERS — GOOD FOR RARE EARTH MINER MP MATERIALS
By Nigam Arora
Magnet Shortage
The headline today has been that U.S. aircraft manufacturers and U.S. car companies are having difficulties because of a shortage of magnets. Magnets need rare earth minerals.
Major U.S. Rare Earth Miner
MP Materials (MP) is the only U.S. based major rare earth mineral miner.
MP Materials saw aggressive buying, moving up over 11% on the shortage of magnets.
Over the years, China has been trying to drive MP Materials out of business.
Deal With China
The future of MP Materials depends upon the deal President Trump strikes with China.
500% Gain
If talks with China totally break down and China uses rare earth minerals as a weapon against the U.S.,… Please click here or the title below to read more.
June 6, 2025