Rare Earth Stocks Tumble on U.S.-China Thaw Hopes: USA Rare Earth Sinks 4%, MP Materials Drops 5%, Critical Metals Slips

USA Rare Earth shares fell 4% to $16 Thursday midday as improving diplomatic relations between Washington and Beijing reduced the scarcity premium supporting domestic rare-earth equities. The move signals weaker near-term investor demand for U.S. rare-earth exposure as perceived supply-chain and geopolitical risks ease.