Stock Track | MP Materials Soars 5.02% as Rare-Earth Sector Gains on Greenland Project Approval

Stock Track

01/08

MP Materials Corp. (MP) surged 5.02% during intraday trading on Wednesday, outperforming the broader market as rare-earth shares rallied.

The gains followed news that Critical Metals Corp. has approved the start of construction for a multi-use storage and pilot plant facility in Qaqortoq, Greenland. This development supports the Tanbreez rare-earth and critical metals project, signaling progress in the sector. MP Materials, as the only integrated U.S. rare-earth company, benefited from the positive sentiment.

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(MP) surged 5.02% during intraday trading on Wednesday, outperforming the broader market as rare-earth shares rallied.</p><p>The gains followed news that Critical Metals Corp. has approved the start of construction for a multi-use storage and pilot plant facility in Qaqortoq, Greenland. This development supports the Tanbreez rare-earth and critical metals project, signaling progress in the sector. 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