US government $400M stake in rare earth company draws China comparisons

The U. S. government has invested $400 million in MP Materials, a rare earth mining company. Stakeholders are criticizing the move, comparing it to China’s approach to market control. The United States government is facing backlash for investing $400 million in a domestic rare earth firm. The investment includes a price guarantee that is nearly double […] source: https://www.cryptopolitan.com/us-government-rare-earth-china-comparison/