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Benzinga
Benzinga
Business
Henry Khederian

Why USA Rare Earth (USAR) Stock Is Skyrocketing Today

Binary,Options,Chart

Shares of USA Rare Earth Inc (NASDAQ:USAR) are climbing sharply Tuesday afternoon, riding a wave of positive sentiment sweeping through the domestic critical minerals sector for the session.

The stock is rallying in sympathy with competitor MP Materials Corp (NYSE:MP), which saw its shares soar following two significant developments boosting the case for American rare earth production.

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