Rare earths stocks were jumping Thursday
Shares of U.S. rare earth and critical mineral miners surged Thursday after China tightened restrictions on exports, fuelling market speculation that the Trump administration will move more aggressively to invest in building out a domestic supply chain.
USA Rare Earth surged more than 7%, MP Materials jumped more than 6%, Energy Fuels was up nearly 8%, and Ramaco Resources soared 12%. Lithium Americas popped more than 4% and Trilogy Metals rose more than 6%.
Beijing is now requiring foreign entities to obtain a license to export products that contain more than 0.
