A firestorm of investor interest has engulfed MP Materials (NYSE: MP), and the catalyst is the escalating economic tension between the United States and China. On Oct. 13, the MP Materials’ stock price jumped over 21% in a single session, driven by trading volume of nearly 50 million shares, almost five times its daily average.
This explosive move was a direct reaction to statements from the Trump administration threatening countermeasures against China’s dominance of the global rare earths market. This was quickly followed by reports of China considering its own export restrictions on these critical minerals.
