New York, January 26, 2026, 05:00 EST — Premarket
- MP Materials shares climbed 4.9% in premarket, last seen at $73.00
- The move comes after reports that the U.S. intends to acquire a 10% stake in USA Rare Earth as part of a $1.6 billion deal
- Investors are eyeing details due later Monday and MP’s upcoming earnings window in February
Shares of MP Materials (MP.N) climbed 4.9% to $73.00 in premarket deals Monday, following a Friday close at $69.58.
The jump followed early gains in U.S.-listed critical-miner stocks after Reuters reported the Trump administration plans to take a 10% stake in USA Rare Earth (USAR.O). This comes as part of a $1.6 billion debt-and-equity deal expected to be announced Monday, alongside a separate $1 billion private financing round.
Why it matters now: The U.S. remains heavily dependent on imports for rare earth materials, even as demand surges for magnets in electric vehicles, wind turbines, and defense gear. According to U.S. Geological Survey data, China supplied roughly 70% of U.S. imports of rare-earth compounds and metals between 2020 and 2023.
MP often stands as the domestic bellwether in that sector. The company runs the Mountain Pass mine in California and has been expanding its downstream magnet capacity in Texas. It has already leaned on Washington as a strategic partner. In a July 2025 announcement about a Department of Defense partnership, CEO James Litinsky described it as a “decisive action” aimed at “accelerating American supply chain independence.” MP Materials
Premarket signals are clear: if Washington backs more “mine-to-magnet” projects with equity, investors see the funding gap in the sector shrinking. That kind of news can push prices sharply, even before the opening bell.
Still, there’s a catch. The trigger is a report, and the specifics count — price, any conditions, and the speed of funds arriving. Premarket jumps often fade as liquidity builds and traders shift focus to the next news.
MP’s stock isn’t just reacting to quarterly results—it’s also prone to sharp moves on policy changes. Rare earth prices are still all over the place, and project deadlines can easily slide, even with funding secured.
On Monday, traders expect clear details on the USA Rare Earth package, watching closely to see if it points to more government-backed moves in the critical-miner supply chain.
MP is set to release its earnings on February 19, per Yahoo Finance’s earnings calendar. Investors will watch closely for updates on production, costs, and progress in the company’s magnet build-out.
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