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USA Rare Earth Shares Slide as Trump Administration Shifts Focus to Other Critical Metals
USA Rare Earth Shares Slide as Trump Administration Shifts Focus to Other Critical Metals
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BTCCSquare news:
Shares of USA Rare Earth (USAR) tumbled 12.8% intraday before paring losses to 1.3% as market sentiment soured on fading expectations of U.S. government partnership. The TRUMP administration's pivot toward Australian firm NVA's Estelle Gold and Critical Metals Project in Alaska signals a broader strategy to diversify beyond rare earths.
Antimony—a semiconductor and defense-critical mineral dominated by Chinese supply—now joins rare earths on Washington's priority list. This follows earlier executive orders to secure domestic mineral supply chains and the government's existing partnership with MP Materials. Market Optimism for imminent USAR equity investment has evaporated with the White House's apparent preference for alternative projects.
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