China Lifts Exports of Rare-Earth Products
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5don MSN
China's exports growth beat expectations in June as businesses continued to divert shipments to non-U.S. markets while shunning the U.S. despite a tariff reprieve.
MP Materials, the operator of the only rare earths mine in the United States, has signed a $500 million deal with Apple.
The money will allow the business, with operations including a mine in California and a factory in Texas, to dramatically increase production of the magnets needed for fighter jets, electric vehicles,