According to the company, the transaction is expected to create the largest producer outside China covering the full mine-to-metal supply chain.
US Strategic Metals announces partnership. Raw materials will come from regional sources, while processed products are intended for the U.S. and its allies.
Leading rare earths producer outside China reports quarterly results.
On Tuesday, Chinese customs authorities released trade data for critical raw materials and related components.
Geopolitical tensions and export controls imposed by China, the world’s largest producer, continue to shape the volatile market.
Year-end surge helped offset disruptions earlier this year.
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