Rare-earth miners jump as Trump reportedly plans U.S. critical-mineral stockpile
Shares of U.S.-listed rare earth miners surged Monday after reports that President Trump is preparing a broad initiative to establish a strategic stockpile of critical minerals. Traders said the news pushed buying into companies tied to neodymium, dysprosium and other elements used in magnets, batteries and defense systems, though the report gave no firm timing or funding details.
The move would aim to curb U.S. dependence on Chinese supply for key components of clean energy and military hardware, potentially accelerating investment in domestic mining and processing. Analysts caution that building a viable domestic supply chain faces long lead times, permitting and environmental hurdles, but note the political signal alone can reshape investor sentiment and project economics for junior miners and refiners.