
NEW YORK — Dec. 18, 2025 — Rare metals and critical-minerals stocks are trading mixed at midday on U.S. exchanges, as investors weigh a fresh geopolitical signal from Beijing against a growing U.S. policy push to localize strategic supply chains.
The catalysts most likely to move markets.
Policy tone can move rates, USD, equities, gold and crypto simultaneously.
A weak final reading or elevated inflation expectations could pressure risk assets.
A surprise versus 58.0 may alter the near-term manufacturing-growth narrative.