The price of rare earth transactions has just been much higher; MP, USA Rare earths are flying away

Beijing’s strict export controls on rare earth minerals and magnets are not just a negotiating position for upcoming U.S.-China talks. It is also about “global peace and regional stability”, China’s Ministry of Commerce said on Saturday. Rare earth stocks MP Materials (MP) and USA Rare Earth (USAR) climbed early Monday as S&P 500 futures pointed to a relief rally after President Donald Trump…