The materials of the deputy cut the rare land to China in the continuous tariff battle

In response to Chinese reprisals Export control, MP materials, which have the only rare Earth Rare mine in the United States, were announced on Thursday that they will stop shipping from rare land focusing on China.

The company said in a statement that they were preparing for this moment and that it reflects “a long -term vision that was designed to carry the short -term dislocation and appear stronger.”

The company also said that the sale of its “critical” materials less than 125 % of the customs tariff is not commercially and not in line with the National interest of America.

Chinese trade war weapons: A rare ban from land and emptying American debt can paralyze the American economy and defense

The deputy says that more than 70 % of her revenue comes from the sale of rare land concentrated from the rocks that are almost refined in California and selling it outside China.

This rare land of the California mine focuses on 17 minerals used to produce magnets that help convert energy into movement of electric cars, mobile phones and other electronics.

“MP has invested nearly a billion dollars to restore a rare land supply chain in the United States. Today, our California Refinery processes nearly half of our production, with almost all these materials sold to markets outside China – including Japan, South Korea and the United States,” the company said.

Their decision comes to follow President Trump In order to investigate possible new definitions on all critical metal imports.

Trump says he “will look” at the exemption of some major American companies that arise through the customs tariff

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They say they will remain “in close contact with federal leaders and encouraged them to design them in support American industry“They are proud to lead this effort for our partners, our country and the future.”

The deputy will report quarterly profits and provide more details on May 8.

Reuters contributed to this report.