MP Materials, rare earth stocks sink as China agrees to lift restrictions

1 week ago 1
Modern industry depends on mining for the valuable rare-earth, rare earth crystal detail

Joaquin Corbalan/iStock via Getty Images

Rare earth producers MP Materials (NYSE:MP), USA Rare Earth (NASDAQ:USAR) and Critical Metals (NASDAQ:CRML) -7.3%, -12.1% and -12.3%, respectively, in Friday's trading after China said it would approve export applications for rare earth minerals

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