US stocks have a strong performance | rare earth concept stocks are active, United States Antimony (UAMY.US) soared more than 20%

date
24/09/2025
Zhitong Finance APP learned that on Tuesday, the rare earth concept stocks in the US stock market were active, with United States Antimony (UAMY.US) soaring by more than 20%, USA Rare Earth (USAR.US) and NioCorp Developments (NB.US) rising by more than 5%, TMC the metals (TMC.US) increasing by over 3%, and MP Materials (MP.US) rising by nearly 2%. On the news side, on September 23, UAMY announced that it had obtained an indefinite delivery, indefinite quantity sole-source contract worth up to $245 million from the US Defense Logistics Agency's Strategic Materials Dept., to purchase antimony ingots to replenish the US National Strategic Materials Reserve. The company operates the only two antimony smelters in North America, with revenue of $14.9 million in 2024. This contract is worth approximately 16 times their annual revenue, and they are ready to immediately fulfill the first order.