MP Materials in the Pivotal Point Check: "Historic Measures" Announced - Trump Causes 14% Increase in Rare Earth Producer's Stock!

The Trump administration aims to take "historic measures" to dramatically expand the production of critical minerals and rare earth metals in the U.S. MP Materials produces about 15% of the annual consumption of rare earth elements in Mountain Pass. The mining company began test production of a rare earth magnet for the automotive industry in January. Donald Trump caused a 14% increase in the stock of the rare earth producer on March 5, 2025. The U.S. President stated the evening before in a joint session of Congress that his administration...