US Stock Market Move | Rare earth concept stocks strengthen, USA Rare Earth (USAR.US) rises more than 27%.
Rare earth concept stocks are on the rise, as of the time of writing, USA Rare Earth has risen by over 27%.
On Monday, rare earth concept stocks rose, as of the article, USA Rare Earth (USAR.US) rose by over 27%, Energy Fuels (UUUU.US) rose by over 18%, United States Antimony (UAMY.US) rose by 24%, and MP Materials (MP.US) rose by over 20%. According to the latest news, the US Department of Defense is seeking to purchase critical minerals worth up to $1 billion. Reports indicate that this plan is led by the Defense Logistics Agency (DLA) under the Pentagon, and documents recently released reveal that the Trump administration is speeding up efforts to expand the national strategic reserves.
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