17-04-2025
Critical Mineral Stocks Rally on Signs Trump Supports Sector
US critical minerals stocks have soared this week, getting a boost from signs that the Trump administration will favor a sector that's become a flashpoint in the trade standoff between the US and China.
Rare-earth magnet player USA Rare Earth Inc. has jumped 71% this week as of 11:02 a.m. on Thursday, while TMC The Metals Company Inc., a Vancouver-based company that's seeking permission from the US to gather metals at the bottom of the ocean, is up 52%. Shares of MP Materials Corp., a miner and refiner of rare earth elements, have gained 17% and are set for their best performance since September in the short trading week.
