MP Materials Accelerates Strategy to Reindustrialize the Rare Earth Supply Chain

MP Materials halts shipments to China, accelerating U.S. rare earth production. With $1B invested, we're building a secure, resilient supply chain, focused on American industry and allies.

In response to China's retaliatory tariffs and export controls, MP Materials has announced that it will cease shipments of rare earth concentrate to China. The company cited the high tariffs, which exceed 125%, as economically unfeasible and contrary to U.S. national interests.

MP Materials, which has been planning for this scenario from the start, is poised to continue its mission of rebuilding the rare earth supply chain in the United States. With nearly $1 billion invested in revitalizing U.S. production, the company’s California refinery now processes nearly half of its output, with the majority sold to markets outside of China, including Japan, South Korea, and the U.S.

Despite the shift, MP Materials continues to produce and stockpile concentrate while ramping up downstream operations. These efforts include increasing oxide production, accelerating heavy rare earth separation, and launching magnet production in Texas.

As demand for secure and reliable sources of critical materials grows, MP Materials is uniquely positioned to meet the needs of manufacturers in key industries. The company is in close communication with U.S. government leaders and is encouraged by their commitment to supporting American industry both now and in the future.

MP Materials is working closely with customers and government partners to further accelerate efforts to reindustrialize the U.S. rare earth supply chain, with a clear vision of strengthening the nation’s manufacturing capabilities.