US Stock Market Move | Rare earth concept stocks surged quickly before the market opened, with Critical Metals (CRML.US) rising more than 8%.

On Monday, the rare earth concept stocks rose rapidly before the market opened. Critical Metals (CRML.US) rose by more than 8%, NioCorp Developments (NB.US) rose by more than 6%, United States Antimony (UAMY.US) rose by more than 5%, TMC the metals (TMC.US) and USA Rare Earth (USAR.US) rose by more than 4%, and MP Materials (MP.US) rose by more than 3%. In terms of news, US President Donald Trump is preparing to launch a strategic critical mineral reserve plan with a total amount of $12 billion, aiming to protect US manufacturers from supply chain disruptions and further strengthen national industrial security through the establishment of a commercial stock mechanism. According to media reports, the plan called "Project Vault" will be financed by a $10 billion loan from the US Export-Import Bank combined with $1.67 billion in private capital. This will be the first private sector reserve project in the United States, not only setting a record in terms of scale, but also operating similarly to the country's strategic oil reserves.