BUZZ-Rare earth miners fall; US drops price-floor plans, sources say

Reuters
2026.01.29 10:05
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U.S.-listed shares of rare earth miners have declined in premarket trading following reports that the Trump administration is abandoning plans to establish a minimum price for U.S. critical minerals projects. Notable drops include Critical Metals down 8.2%, USA Rare Earth down 9.9%, and MP Materials down 5.2%. This change reverses earlier commitments made in July regarding price floors for mineral projects, although the U.S. continues to support critical minerals through other means such as equity investments and stockpiling.