The China rare earth minerals ban on Dec 3, 2024, was a retaliatory move aimed at diluting the United States’ efforts to accelerate certain technologies in the computer & technology sector and the aerospace sector. Namely, Chinese exports of antimony, germanium, and gallium to the United States were immediately cut off. These are materials that China has a dominant position in processing and are essential for producing semiconductors, solar panels, fiber optics, ammunition, and electric vehicles (EVs).
Currently, this is the only active and producing rare earth mine in the United States, owned by MP Materials Co. (NYSE: MP). As President Trump seeks to bolster the United States supply chain of these rare earth elements, here are three stocks that can gain as demand rises for them.
