Rare earth stocks down as momentum builds in US-China trade talks

U.S.-listed shares of rare earth miners fall in premarket trading

Washington and Beijing reached a framework for a trade deal that could pause planned U.S. tariffs and Chinese export controls on critical minerals, easing fears of supply disruptions that had boosted the sector this year

Shares of Critical Metals CRML.O slump 10.3%

USA Rare Earth USAR.O falls 8.4%, MP Materials MP.N down 5.6%, NioCorp NB.O decline 6.8% and Energy Fuels UUUU.A falls 3.9%

Shares of Trilogy Metals TMQ.N down 7.7% and Ramaco Resources METC.O fall 4.2%

China produces over 90% of the world's processed rare earths and rare earth magnets; the U.S. has only one rare earth mine