Rare earth miners fall; US drops price-floor plans, sources say

U.S.-listed shares of rare earth miners fall

The Trump administration is stepping back from plans to guarantee a minimum price for U.S. critical minerals projects, multiple sources tell Reuters

Critical Metals CRML.O slumps 13.4%; United States Antimony UAMY.N plunges 18%

USA Rare Earth USAR.O falls 15.9%; MP Materials MP.N down 9.9%

NioCorp NB.O declines 15.8%; Energy Fuels UUUU.A down 11.3%

Trilogy Metals TMQ.N down 7.9%; Ramaco Resources METC.O drops 12.5%

The shift reverses commitments from a July meeting where officials told mineral executives that price floors (like the one given to MP Materials) would be available to other projects

The U.S. can still support critical minerals through other methods, including equity investments and stockpiling