Rare Earth Stocks Decline As US-China Trade Tensions Persist
ToplineShares of U.S. rare earth firms fell Tuesday after surging premarket—as stock indexes including the Dow and S&P 500 fell amid escalating trade tensions between the U.S. and China.China, the largest exporter of rare earths, has expanded export controls.Getty ImagesKey FactsUSA Rare Earth plummeted over 7% after markets opened, despite surging in premarket.Nevada-based MP Materials also dropped quickly after markets opened, falling 1.2% after previously surging 12.9% premarket.Shares Niocorp Developmen ...