Shares of United States Antimony (UAMY) surged 11.98% during pre-market trading on Monday, reflecting a significant upward movement for the stock.
The sharp rise is part of a broader rally across the rare earth and critical minerals sector. This surge was triggered by news that the Trump administration is taking a 10% stake in USA Rare Earth as part of a $1.6 billion investment package aimed at developing domestic mining and magnet manufacturing capabilities. The move is part of a U.S. government push to increase production of key minerals and reduce reliance on China, which dominates global processing.