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18.09.26 - 22:57
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China Rare Earth Giant Eyes Takeover Of MP Materials′ Seventh-Largest Shareholder As Resource War Intensifies (ZeroHedge)
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China Rare Earth Giant Eyes Takeover Of MP Materials' Seventh-Largest Shareholder As Resource War Intensifies
One way to view the Reuters report saying that state-owned China Rare Earth Group is in takeover talks with Shenghe Resources is that the deal could further cement Beijing's control over critical materials, especially rare earths. But what's most intriguing is that Shenghe holds a minority stake in US rare earth producer MP Materials.
The potential takeover would bring one of China's top rare earth mining and refining companies under the state group's control, with some private ownership. It would also extend that control to Shenghe's overseas holdings, including a 3.11% stake (7th largest shareholder) in MP Materials.
The outlet reported:
Talks between the two companies have been underway since earlier this year, said the sources who spoke on the condition of anonymity given the sensitivity of the matter. China Rare Earth Group wants to take a controlling stake, one of the peop...
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04.09.26 - 23:30
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What Sputnik couldn′t do to American science, Beijing has (SCMP)
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The US government owns 9.9 per cent of Intel, converted out of US Chips Act grants, alongside a golden share in US Steel, US$400 million in the rare earth mining firm MP Materials and stakes in roughly 30 firms worth US$26.7 billion. In 2025, Nvidia and AMD gave up 15 per cent of their China chip sale revenues in exchange for export licences. The country that spent four decades advising its allies against picking winners now runs a portfolio.
The United States has not fully turned to state......
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