Changes in US stocks | MP Materials (MP.US) rose more than 3% before the market, news says that China is studying tightening the rare earth export license review to Japan

The Zhitong Finance App learned that on Tuesday, MP Materials (MP.US) stock was higher before the market. As of press release, the stock had risen more than 3% to 60.54 US dollars. According to the news, according to reliable sources, in view of Japan's recent poor performance, the Chinese government is considering tightening the export license review for medium and heavy rare earth-related items listed on April 4, 2025 in a targeted manner.

On April 4, 2025, according to the “Export Control Law of the People's Republic of China” and other relevant laws and regulations, the Ministry of Commerce, together with the General Administration of Customs, issued a notice on implementing export control measures on 7 types of medium and heavy rare earth-related items, including samarium, gadolinium, terbium, lutetium, scandium, and yttrium, which were officially implemented on the date of promulgation.