MP Materials (MP) surges 23.5% due to rare earth mineral supply scarcity globally

From Yahoo Finance: 2025-06-22 14:59:00

MP Materials Corp. (NYSE:MP) surged by 23.5% week-on-week, closing at $37.74 amid limited rare earth mineral supply globally. Automakers and semiconductor companies urge China to increase rare earth exports, fearing global supply cuts. MP Materials could benefit from the scarcity as industries seek alternative suppliers. MP Materials is the sole rare earths mining company in the US, avoiding hefty tariffs during the US-China trade war. Some believe AI stocks offer higher returns and lower risks than MP. Check out the best short-term AI stock picks for more options. No disclosures.



Read more at Yahoo Finance: MP Materials (MP) Rallies 23.5% W/W on Rosy Prospects