China Rare Earth Giant Eyes Takeover Of MP Materials' Seventh-Largest Shareholder As Resource War Intensifies
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Source: Zero Hedge
Published: 2026-09-19 04:40 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, Military & Defence, China, Commodities, War & Conflict, Asia Pacific
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Snippet:
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.
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