US Stock Movement | Rare Earth Concept Stocks Surge Collectively, USA Rare Earth Inc. (USAR.US) Jumps Over 20%
Stock News
Oct 03
On Friday, rare earth concept stocks surged collectively, with USA Rare Earth Inc. (USAR.US) jumping over 20%, NioCorp Developments (NB.US) rising over 19%, Critical Metals (CRML.US) and TMC the metals (TMC.US) gaining over 6%, and MP Materials (MP.US) climbing over 3%. On the news front, according to Reuters, the CEO of USA Rare Earth Inc. stated that the company is in negotiations with the White House. Analysts point out that the Trump administration is heavily investing in rare earths, and USA Rare Earth Inc. is likely to become the next company they acquire.
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