TechFlow news, on October 15, after Trump once again wielded the tariff stick last Saturday and specifically pointed out that "rare earth is being held hostage by China," Bitcoin plummeted, triggering a historic $20 billion liquidation across the cryptocurrency market. At the same time, rare earth-related stocks rebounded strongly in the U.S. market, with share prices of companies such as MP Materials and USA Rare Earth surging, leading to an overall sharp rise in the sector.
The U.S. rare earth industry previously faced the dilemma of "having resources but lacking a supply chain." MP Materials successfully established a complete industrial chain through technological breakthroughs and policy support. Its stock price surged from $15 at the beginning of the year to $95, an increase of nearly fivefold. Other rare earth companies also rose rapidly due to policy benefits and growing market demand.
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