Shares of MP Materials Corp.
(NYSE:MP) are trading higher Friday afternoon as investors react to new federal trade and defense initiatives expected to strengthen domestic supply chains.
MP Materials stock is surging to new heights today.
Why are MP shares rallying?
Trump Administration Actions Boost Demand Outlook for Rare Earths The Trump administration announced tariffs on foreign-made drones and critical components, alongside expanded agreements with major defense prime contractors Boeing and RTX to scale up interceptor missile production.
