A sea of red has washed over the U.S. rare earth mining sector. Fear has gripped the market as shares of key domestic producers dropped on heavy volume, with MP Materials (NYSE: MP) falling 7.36%, USA Rare Earth (NASDAQ: USAR) dropping 8.36%, and Critical Metals Corp. (NASDAQ: CRML) plunging 13.71% since Friday, Oct. 24, 2025.
The catalyst was not a failure in operations or a downgrade in fundamentals, but a geopolitical headline: reports of a potential U.S.-China trade truce that could pause tariffs and recently imposed Chinese export controls on rare earth materials.
