List of Flash News about USGS rare earth data
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2025-10-10 19:29 |
Rare Earth Stocks Surge After Trump Flags China Controls: MP Materials and REMX Rally, Supply Risk in Focus
According to @KobeissiLetter, rare earth stocks are rallying sharply after President Trump posted that China is attempting to impose rare earths controls, shifting market positioning. Source: @KobeissiLetter on X, Oct 10, 2025. @KobeissiLetter added that controlling rare earths is among President Trump's top strategic priorities alongside Ukraine and China, which traders are interpreting as a policy support signal for domestic supply chains. Source: @KobeissiLetter on X, Oct 10, 2025. @KobeissiLetter stated that 70% of U.S. rare earths come from China; USGS reports China accounted for 61% of U.S. rare-earth compound and metal imports in 2023, underscoring concentration risk. Sources: @KobeissiLetter on X, Oct 10, 2025; USGS Mineral Commodity Summaries 2024, Rare Earths. Traders are watching U.S.-listed rare earth exposure such as MP Materials (NYSE: MP) and the VanEck Rare Earth/Strategic Metals ETF (REMX) for momentum and liquidity following the headline. Sources: @KobeissiLetter on X, Oct 10, 2025; VanEck REMX fund information. The source did not cite any direct cryptocurrency impact; no digital assets were mentioned in the post. Source: @KobeissiLetter on X, Oct 10, 2025. |
2025-06-12 18:41 |
China Dominates Rare Earth Production in 2024: 69% Global Share Impacts Crypto Mining and Technology Stocks
According to The Kobeissi Letter, China mined approximately 270,000 metric tonnes of rare earths in 2024, representing 69% of global output and tripling its production since 2014 per US Geological Survey data. This dominant supply position strengthens China's influence over critical minerals used in semiconductors and electric vehicle batteries, directly impacting technology stocks and crypto mining operations reliant on advanced hardware. Traders should monitor rare earth market trends, as supply constraints or policy changes from China could affect the broader cryptocurrency sector and related equities (Source: The Kobeissi Letter, USGS). |