$MP

Rare earth stocks rose Friday midday on trader speculation about potential U.S. tariff support. MP Materials (NYSE:MP) was up about 7.8% to ~$60.02, USA Rare Earth (NASDAQ:USAR) up about 8.5% to ~$20.20, and NioCorp Developments (NASDAQ:NB) up earlier. The article cites no confirmed rare-earth catalyst and highlights policy-driven volatility.

MP Materials (MP) reported Q2 2026 results on an earnings call. Consolidated revenue and PPA income rose to $126.1 million, with NdPr sales volumes up 127% to 1,006 metric tons. Adjusted EBITDA was $28.5 million. Cash and short-term investments were $1.45 billion, and capex was $230.3 million. Full-year capex guidance is $500 million to $600 million.

MP Materials (MP) said it signed a long-term supply agreement with an unnamed U.S. aerospace and defense customer for separated gadolinium, with “attractive economics,” alongside its Q2 results. Q2 revenue was $94.4M, with NdPr oxide and metal 87% of total. Revenue rose 89% YoY, but it reported a Q2 net loss of about $2.1M.

FinanceWire reports that China dominates primary gallium and leads scandium and rare-earth production, with export restrictions tightening supply. It highlights Spark Energy Minerals (CSE: SPRK) drilling at Cruzeta, including 91.4 g/t gallium oxide over 2 m and scandium up to 21.5 g/t. It also cites Alcoa’s Wagerup gallium plant FID, Rio Tinto scandium expansion, MP Materials revenue ($126.1m) and Brazil funding for Serra Verde and other projects.

Reuters reports President Donald Trump will meet US and allied critical-minerals mining executives on Friday as his administration expands efforts to secure supplies and reduce reliance on China. The White House says critical minerals are needed to replenish weapons stockpiles. Expected attendees include Rio Tinto, BHP, Freeport-McMoRan, MP Materials, USA Rare Earth, Energy Fuels, and The Metals Company.

The article says China added several US companies to export-control and procurement blacklists in retaliation for US efforts to build a rare earth supply chain outside Beijing. It argues rare earth magnets are critical for EVs, robotics, satellites and defense, and claims China produces about 90% of heavy rare earth magnets. It highlights MP Materials (MP) as a US mine-to-magnet supplier, citing a Pentagon $400m investment, a 10-year offtake at a $110/kg floor, and Q1 2026 revenue of $90.6m (+49

MP Materials (NYSE:MP) shares rose 6.76% to $54.56 on Monday after a Q2 FY26 report. According to MP, revenue was $108.49M, up 89% YoY and above the $95.95M consensus. Adjusted EBITDA was $28.49M. The rebound was also linked to a multi-year gadolinium offtake at locked pricing and ongoing facility construction.

MP Materials (NYSE:MP) said it expects Q3 NdPr oxide production to exceed 1,000 metric tons as reliability and throughput improve. It forecasts NdPr oxide realized prices in the high-$90s/kg and PPA income around $10/kg, with flattish sales volume. The company reported mechanical completion of a heavy rare-earth circuit, a nine-figure gadolinium oxide supply deal, and $230.3M Q2 capex. Cash was $1.45B; capex guidance $500M-$600M.

President Trump said the US will invest $3 billion in critical minerals and battery projects to expand domestic supply chains for national security. He announced Defence Department Office of Strategic Capital conditional loans totaling $1.4B to Sila Nanotechnologies, $400M to Sunrise Energy Metals, and $150M to Niron Magnetics, plus $58M Export-Import Bank loans. The plan also includes $100M in mining-school grants and $80M for three schools.

The Trump administration announced about $3 billion in US critical-minerals and battery-related investments to strengthen defence supply chains and reduce reliance on China. It includes a $1.4 billion conditional DoD loan to Sila Nanotechnologies, $400 million to Sunrise Energy Metals, and $150 million to Niron Magnetics, plus expected $58 million Export-Import Bank financing for several miners. Officials cite national security needs.