Abnormal Movement in US Stocks | Rare Earth Sector Strengthens MP Materials (MP.US) Rises Over 12%

According to the Wisdom Financial APP, on Monday, the rare earth sector of the US stock market strengthened, with MP Materials (MP.US) rising more than 12% to $34.33, and USA Rare Earth (USAR.US) rising more than 9% to $14.47. In terms of news, USA Rare Earth announced a cooperation memorandum with MuGe Electric Sports Solution Company, and the two sides will deepen cooperation in the supply of neodymium iron boron magnets. According to the agreement, USA Rare Earth plans to start commercial production of related magnet products from the beginning of next year, with the first batch of products directly supplied to MuGe for the research and development of key equipment for data centers.