MP Stock Rises. Why Rare Earth Shares Are Finally Getting Some Relief.

The past month has been wild for MP Materials and other rare earth stocks. Coming into Thursday trading, shares of MP Materials, the largest rare earth producer in the Western Hemisphere, and aspiring rare earth miners Ramaco Resource and USA Rare Earth s were down an average of 34% over the past month. MP stock, however, was up a solid 3.3% in premarket trading on Thursday at $56.72, while and futures were little changed.