From Yahoo Finance: 2025-06-17 14:02:00

MP Materials Corp. (NYSE:MP) surged 13.42% to $34.65 after a third consecutive day of gains, driven by positive news on US-China rare earths trade negotiations. The agreement includes China easing restrictions on rare earths, benefiting MP Materials, the sole US rare earth producer reliant on Chinese firms for refining.

MP Materials Corp. (NYSE:MP) stopped shipping mines to China for processing after a 125% tariff was placed on US imports. While MP shows investment potential, other AI stocks offer higher returns with limited downside risk. For more on a cheap AI stock and Trump tariff benefits, check out a free report on the best short-term AI stock.

In a recent three-day trade negotiation in London, the US and China focused on rare earths, with China agreeing to loosen restrictions. MP Materials Corp. (NYSE:MP) surged following the news, given its status as the only rare earth producer in the US and reliance on Chinese firms for refining elements.



Read more at Yahoo Finance: MP Materials (MP) Rallies 13.4% on Rare Earths Deal