In 2015, one of the world's largest producers of rare earth was squeezed by China's low prices and forced into bankruptcy. After being taken over by a new company called MP Materials, the company has been recharged and is now on its way to restoring the rare earth supply chain to the U.S. MP Materials is now going public. MP Materials founder, CEO and CIO Jim Litinsky joins "Squawk Box" to discuss. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

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