China's Rare-Earth Export Pause Expires Nov. 10. Here's What It Means for USA Rare Earth and MP Materials.

China's rare-earth export controls pause expires November 10, 2026, though a potential extension to January 2027 may be in place. The U.S. is heavily investing in domestic rare-earth supply chains through companies like MP Materials and USA Rare Earth to reduce dependence on China, which currently controls 70% of rare-earth extraction and 90% of processing. MP Materials has secured a 10-year government price floor guarantee, while USA Rare Earth received up to $1.6 billion in CHIPS Act funding for its mine-to-magnet supply chain.