Rare earth producers have certainly been in focus for investors, with the Trump administration's trade war with China resulting in rare earth supplies from China (the world's largest producer of such key elements) seeing export restrictions as retaliation for sky-high tariffs introduced by this administration on the Chinese economy. Given the importance of these rare earths (which really aren't that rare, but the smelting and refining process for these metals is very concentrated in China) to battery technology and development domestically and around the world, the Trump administration appears to have its eye on the sector and finding ways to boost domestic production.
USA Rare Earth (USAR) is among the rare earth mining companies building a mine in the U.S. (this company's mine is located in Texas). Accordingly, this is among the key companies in this sector investors are watching closely for a few reasons.
