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Benzinga
Benzinga
Business
Anusuya Lahiri

MP Materials Tops List For Rare Earth Exposure, Says Analyst

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Global rare earth stocks are drawing renewed attention as demand for neodymium-iron-boron (NdFeB) magnets is expected to more than double by 2035, driven by the growth of electric vehicles, robotics, and advanced air mobility.

Companies like MP Materials (NYSE:MP) and Iluka Resources (OTC:ILKAY) are emerging as key players in Western supply chains, backed by government partnerships and investments.

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