admin
While China has been strangling America with their monopoly on rare earth minerals for decades, one smart American just proved we can beat them at their own game. James Litinsky, a 47-year-old hedge fund trader from Las Vegas, just became a billionaire by betting big on American mining. His company MP Materials now owns the only rare earth mine in the United States, and it’s making China very nervous.
Thanks to President Trump’s tough trade policies, the Pentagon finally woke up and realized we can’t depend on our enemies for the materials that power our military. In July, the Defense Department made a huge move and bought 400 million dollars worth of shares in Litinsky’s company. They also signed a 10-year deal to buy rare earth magnets directly from American soil instead of begging China for scraps.
MP Materials operates out of California’s Mojave Desert, where they dig up and process the special metals that make our weapons work. These rare earth elements power everything from military drones to electric vehicles to wind turbines. For too long, China controlled 80 percent of this market and could cut us off whenever they wanted.
Litinsky saw the opportunity when everyone else was too scared to act. He bought into a failing mining company for just 20 million dollars in distressed bonds. While Wall Street experts called him crazy, he knew America needed these materials and someone had to step up.
The results speak for themselves. Since the Pentagon deal was announced, MP Materials stock has shot up 150 percent. Litinsky is now worth over one billion dollars, proving that betting on America always pays off. His success story shows what happens when patriots put their money where their mouth is.
This is exactly what Trump’s trade war was designed to accomplish. Instead of sending our money overseas to fund China’s military buildup, we’re keeping jobs and profits right here at home. American workers are mining American resources to power American defense systems.
China spent decades using their rare earth monopoly as a weapon against us. They threatened to cut off supplies during trade disputes and used their control to spy on our military technology. Those days are finally coming to an end thanks to entrepreneurs like Litinsky.
Every American should celebrate this victory for our national security and economic independence. When we stop depending on foreign enemies and start believing in our own workers and resources, amazing things happen. This billion-dollar success story is just the beginning of America’s mining comeback.
