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U.S. Rare Earth Stocks Soar Pre-market: MP Materials Jumps Over 48% on Major Defense Contract
5 day ago /
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Author：小编
Pre-market trading saw a remarkable surge in U.S. rare earth stocks, with MP Materials' share price peaking at over 48% growth. This surge was fueled by the company's securing of a multi-billion dollar cooperation order from the U.S. Department of Defense. Additionally, both USA Rare Earth and Energy Fuels witnessed gains. MP Materials plans to construct a new rare earth permanent magnet factory, aimed at expediting the development of the U.S. rare earth permanent magnet supply chain. Notably, the U.S. Department of Defense is poised to become the company's largest shareholder.
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