How China Built Rare-Earth Dominance, and How the U.S. Can Fight Back

Core Viewpoint - MP Materials provided testimony before Congress regarding the challenges posed by China to the domestic rare-earth industry [1] Group 1: Company Insights - MP Materials emphasized the importance of strengthening the U.S. rare-earth supply chain to reduce dependency on China [1] - The company highlighted its role in producing rare-earth materials and its efforts to expand domestic production capabilities [1] Group 2: Industry Context - The rare-earth industry is critical for various sectors, including technology and defense, and faces significant competition from China [1] - Congressional discussions are focused on policies to support the growth of the domestic rare-earth industry and mitigate risks associated with reliance on foreign sources [1]