
GREATEST DEAL EVER FOR CHINA — UPDATE ON RARE EARTH MINER MP MATERIALS CORP (MP) — TAKE PROFITS
By Nigam Arora Mp Materials Corp (MP) is a rare earth miner. China is the world’s dominant rare earths producer. In the past, China had been threatening to withhold supplies of rare earths from the United States. Rare earths are important for applications such as electric vehicles and defense. Now that the US has given everything China wanted without getting anything substantial in return, China should not have any incentive not to make money by not selling rare earths to the US anymore. All the foregoing assumes that the US and China will strike a permanent deal in the next 90