Reliance on China

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Opening Bell: July 10, 2025
CNBC Television· 2025-07-10 14:26
fly there, Jim. Yes, it is. It's really It's our It's huge.So, how much is it. I mean, over time, is it gonna uh slow our reliance on China, which is the key here, our reliance. I think we can't get there without a deal with Mexico, which has a lot.But this is very positive because as a spa, we never had enough money to go all the way and develop things, but they always had a big huge implications for our negotiations. Oh, yeah. With China.And again, I mean, I know that we have to I think we need that coali ...
Cramer's Mad Dash: MP Materials Corp.
CNBC Television· 2025-07-10 14:21
Company Overview - MP Materials is partnering with the DoD to increase the supply of rare earth magnets [1] - MP Materials owns Mountain Pass, the number one rare earth minerals site in the US [2] Financial & Market Position - The stock was up between 9% and 15% due to a 23% short position [2] - As a SPAC, the company previously lacked sufficient capital for full development [3] Strategic Implications - The deal shores up the defense department's access to rare earth minerals [1] - The deal is expected to reduce reliance on China, potentially requiring collaboration with Mexico [3]
X @Bloomberg
Bloomberg· 2025-07-09 10:11
Government Policy & Industry Impact - India plans a 290 million USD incentive program to boost local rare-earth magnet production [1] - The incentive program aims to reduce India's reliance on China for rare-earth magnets [1]