TOKYO -- Shenghe Resources Holding, a major Chinese rare-earth refiner and importer, said that its U.S. affiliate MP Materials has stopped shipping the metals to China amid the trade war between the two countries.
Trade war
U.S. miner halts rare-earth exports to China due to tariff war
Importer Shenghe admits shipments 'temporarily stopped,' says it has diversified
A view of the MP Materials rare-earth mine in Mountain Pass, California. China's Shenghe accounted for approximately 80% of the U.S. company's consolidated revenue for the year ended December. © Reuters
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