USA Rare Earth Gains 7%, MP Materials Jumps 8%: Here's Why Critical Minerals Are Moving Today

USA Rare Earth (NASDAQ: USAR) and MP Materials (NYSE: MP) saw significant stock gains of 7% and 8% respectively, driven by investor interest in the U.S. domestic critical-minerals supply chain. This movement is attributed to increasing federal support extending beyond mining to include separation, refining, and magnet manufacturing, aiming to reduce reliance on China. While MP Materials has demonstrated operating proof with its Q2 revenue and EBITDA, USA Rare Earth is still in an earlier development stage, focusing on its Round Top project and domestic magnet production.