US EditionTrump administration to expand price support for US rare earths projects, sources say
12 Articles
12 Articles
Trump Administration Expands Rare Earth Price Support Policy
Shares of USA Rare Earth are rocketed higher yesterday afternoon after it was reported that the Trump administration is moving to extend price support mechanisms for U.S. rare earth projects to other companies, broadening a policy that previously focused on MP Materials to include other mining, refining, and magnet production firms. USA Rare Earth is the obvious #2 name in the U.S. that such an expansion may have an impact on. scale, government …
Trump administration to expand price support for US rare earths projects, sources say
Top White House officials told a group of rare earths firms last week that they are pursuing a pandemic-era approach to boost U.S. critical minerals production and curb China's market dominance by guaranteeing a minimum price for their products, five sources familiar with the plan told Reuters.
Trump Team Outlines Push for Rare Earths in Meeting With Executives
The White House met last week with top technology and recycling companies to discuss ways to quickly ramp up production of permanent magnets using rare earth elements, which have emerged as a key point of leverage in the trade war with China.
Trump administration weighs expanding price support for U.S. rare earth projects
Trump officials told a group of rare earths companies that they are pursuing a COVID-era approach to boost US critical minerals production by guaranteeing a minimum price for their products.
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