Expert reveals China’s rare earth chokehold: ‘Within 6 weeks, American industry was struggling’
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MP Materials (MP) has seen a 194% increase over the past year, becoming the leading rare earth producer in the U.S. However, it has a high price-to-sales ratio of 43.9, indicating expectations of future policy support, while its EBITDA remains negative at $36.2 million. Additionally, Sprott has launched the Rare Earths Ex-China ETF (REXC), and USA Rare Earth (USAR) is developing Western processing capabilities.
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