MP Materials, Energy Fuels, NioCorp Gain After Trump Threatens Action Over China Rare Earths Export Controls

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MP Materials (MP), Energy Fuels (UUUU), and NioCorp Developments (NB) shares rose in recent trading Friday after President Donald Trump said on Truth Social he would consider financial countermeasures against China's export restrictions on rare earth elements.

MP Materials climbed 10.1%, Energy Fuels gained 8.1%, and NioCorp advanced 8.7% in morning trading.

In his Truth Social post, Trump suggested the US could respond with a "massive increase" in tariffs on Chinese products in the US and other measures.

Price: 79.56, Change: +7.27, Percent Change: +10.06

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