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The Operator of the Wheel Loades Fills the Pink truck on the rarely earth of MP Material Materials in Mountain Pass, California, January 30, 2020.
Steve Marcus | Reuters
A rare long -lived miner MP’s material According to Morgan Stanley, he will gain growing strategic value for the US, as geopolitical tensions with China makes critical minerals more uncertain.
The Investment Bank has upgraded MP’s materials to the equivalent of the purchase rating with a target price of $ 34 per share, which means 32% up from the closing of Friday.
MP Materials belongs to the only rare mine in the US on Mountain Pass, California. According to Morgan Stanley, China is dominated by rare land and refining on the world market.
“Geopolitical and trade tensions finally push the critical chains of mineral supplies to the top of the mind,” said analysts led by Carlos de Alb on Thursday. “The MP is the most upright rare land, ex-shit.”
In April, Beijing imposed restrictions on exports to seven rare elements of the land in response to the tariffs for President Donald Trump. It retained these restrictions on the spot despite the trade negotiations with us
Trump has removed some restrictions on Wednesday in the Protection Act that may allow the federal government to offer the above market price for rare land. According to Morgan Stanley, MP Materials is the best company that uses it to take advantage of it. On Thursday, its shares increased by more than 5%.
According to Morgan Stanley, the materials of the deputies are developing a completely home -made supply chain and plan to start commercial production of magnets used in most engines of electric cars, marine wind turbines and the future humanoid robots market.
The investment bank expects that this year the MP’s materials will be placed a negative free cash flow and in 2026, but the company has a strong balance should accelerate a positive free cash flow from 2027.
