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Stock impact report

Trump Mulls More Direct Investment in Critical Minerals [Yahoo! Finance]

NioCorp Developments Ltd. (NB) 
Company Research Source: Yahoo! Finance
Department of Defense that marks the most aggressive federal intervention in the rare earths space in decades. The DoD-backed investment package will see the Nevada-based producer build out a fully domestic magnet supply chain and lock in long-term pricing support for neodymium-praseodymium, the critical alloy used in everything from fighter jets to iPhones. MP shares doubled in a matter of days, with the shares now up 330% in the year-to-date and re-rating the entire Western rare earths complex. Shares of other rare companies have enjoyed similar outsized gains: NioCorp Developments (NASDAQ:NB) has rocketed 332.2% YTD, Ramaco Resources (NASDAQ:METC) has gained 214.5%, Lynas Rare Earths (OTCPK:LYSCF) has returned 178.6% while USA Rare Earths (NASDAQ:USAR) has gained 51.0%. The MP Materials deal wasn't just about cash; it's about control. Under the agreement, the Pentagon will take a 15% equity stake in MP through a $400 million preferred share issuance and secure warrants for addi Show less Read more
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