The Trump administration is seeking equity stakes in miners of critical materials, with reports of a potential 10% stake in a U.S. lithium miner. MP Materials already has a deal with the government, and more deals could be on the way. Shares of MP Materials rallied 8% as the administration looks to take stakes in other mining companies. The move has boosted investor enthusiasm and lifted stock prices in the critical materials sector. The administration is also in talks to potentially take a stake in Lithium America, offering free warrants to guarantee sales to American carmakers.

Read more at Yahoo Finance: Why MP Materials Rallied Today