MP materials is beholden to shenghe until they pay of their debt.
GGG only have an MOU with Shenge, not worth the paper its written on IMO.
But. GGG plan to produce a mixed RE concentrate and China is currently the only country that would be able to accommodate. Of course they would need to modify any existing down stream separation facility to accommodate Kavanefjeld RE concentrate.
Unless the company plans on building a downstream separation facility outside of China, then it could be argued the company is beholden to China.
Besides Shenghe, I don't believe anyone else has shown any interest in developing the project. And with the current uncertainty in Greenland, I doubt anyone else will any time soon.
Biden pledges funding for Rare Earths, page-12
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