At a closed-door meeting earlier this month hosted by a Washington think tank, two senior Trump officials told US minerals executives their projects would need to prove financial independence without government price support, three attendees told Reuters. MP Materials did not respond to Reuters’ emailed request for comment, but later posted that there had been no change to its contract or the government’s obligations. “Any implication that the U.S. government has retreated from its commitments to MP Materials is simply false,” the company said. MP Materials has a binding,… — MP Materials (@MPMaterials) January 29, 2026Reuters framed the policy direction as a reversal from earlier industry expectations and contrasted it with July closed-door messaging where officials said MP’s floor price was “not a one-off” and that broader price supports were being developed. Since then, he administration has taken equity positions in Lithium Americas, Trilogy Metals, USA Rare Earth and others, with none offered price floors, which the report said raised questions about the tool’s durability.