Why MP Materials Stock Was a Massive Winner This Week

Rare earth miner and processor MP Materials (NYSE: MP) had quite the week to remember, both operationally and on the stock market. On the back of some quite favorable news, the company's shares raced more than 16% higher over the course of the week, according to data compiled by S&P Global Market Intelligence.MP Materials owns and operates the only rare earth mine in the U.S. Rare earths, for those unfamiliar, are metals that are used in the manufacture of specialty magnets used in popular high-tech products such as smartphones. As the only native rare earth miner and processor on our shores, MP Materials has attracted much attention in the current tariff war, which has a U.S.-China standoff at its center. The Asian country has by far the highest reserves of rare earths, and last week it halted export of these materials. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool