MP Materials saw a 250% surge in share price this year, outperforming the S&P 500. However, USA Rare Earth, a competitor, has potential for even greater gains in the next 12 months. USA Rare Earth may enter a public-private partnership with the U.S. Department of Defense, setting the stage for significant progress in rare earth metal projects. MP Materials’ stock price may have plateaued due to eased trade tensions with China, but concerns about rare earth metal supply could resurface next year, benefiting both companies. USA Rare Earth, though riskier, could offer greater upside potential with a possible DoD partnership.

Read more at Nasdaq: Forget MP Materials: This Rare Earth Stock Is Up 21% in 2025 With More Upside Ahead