Trump administration to expand price support for US rare earths projects, sources say

White House Ramps Up Efforts to Eliminate China’s Chokehold on Rare Earths

The White House plans to expand its support for domestic rare-earth businesses to counter China’s near-monopoly on rare-earth minerals. Senior officials informed a group of rare-earth companies at a recent meeting that the Trump administration intends to form public-private partnerships to boost domestic production and extend a minimum price guarantee to their products. A White House official confirmed the July 24 meeting with The Epoch Times on…

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.

Trump Administration to Expand Price Support for US Rare Earths Projects, Sources Say