Why MP Materials Stock Just Popped Big-Time
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MP Materials stock surged 18.7% after China threatened to limit rare-earth exports to the U.S., highlighting the urgency for domestic mining and refining. Despite President Trump's reassurances, investors are optimistic about MP and similar companies. The U.S. Defense Department is preparing for potential export restrictions by building a $1 billion stockpile of critical minerals. JPMorgan Chase plans to invest $10 billion in critical sectors, including rare earths, to reduce reliance on foreign sources, which could positively impact MP Materials' stock valuation.
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