Critical Metals, USA Rare Earth, MP Materials Climb In Tuesday Pre-Market: What’s Going On?

Shares of U.S. rare earth miners climbed in pre-market trading on Tuesday, following President Donald Trump‘s launch of a $12 billion critical mineral reserve. Rare Earths Key To New US Stockpile The critical mineral reserve, also known as Project Vault, is part of Trump’s strategy to counter China’s dominance in rare earth minerals. The reserve is expected to protect U.S. tech firms, automakers, and other manufacturers from supply shocks and reduce dependence on Chinese rare earth and minerals. Currently, China dominates the critical minerals supply chain. Rare earths are a smaller section of critical minerals that have an atomic structure…