Mar. 9 at 6:39 PM
$MP $UURAF $MTMCF just now realizing that this new regulation includes Russia, Iran and NK.
I’ve said it before, this alone is EXTREMELY bullish for US rare earth companies. Don’t get shaken out.
“Effective January 1, 2027, the U.S. Department of Defense (DOD) will implement strict new procurement rules banning the use of rare earth magnets and materials sourced from China, Russia, Iran, and North Korea in U.S. defense systems.“