MP Materials produces rare earth metal in Texas
MP Materials expects to produce about 1,000 tonnes of finished neodymium-iron-boron (NdFeB) magnets a year.
US President Joe Biden on Tuesday plans to name a new federal monument covering nearly 1 million acres (405,000 hectares) near the iconic Grand Canyon in Arizona, a move that will likely restrict new mining activity in the uranium-rich area.
Biden’s climate adviser, Ali Zaidi, made the announcement during a briefing for reporters traveling aboard Air Force One.
(By Nandita Bose and Trevor Hunnicutt; Editing by Sonali Paul)
Comments