Better Rare-Earth Mining Stock to Buy in June: MP Materials or USA Rare Earth?
Key takeaways
- USAR MP NVDA The United States faces a huge supply chain vulnerability regarding rare-earth elements.
- The two companies are expanding their capabilities for mining and processing rare-earth elements and manufacturing refined magnets, which are critical for defense, aerospace, and technological applications.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
USAR MP NVDA The United States faces a huge supply chain vulnerability regarding rare-earth elements. That s because China controls up to 90% of the processing of these rare-earth elements, according to research by The Motley Fool. The federal government has taken an active role in bolstering rare-earth mining and processing and has invested in two companies, MP Materials (NYSE: MP) and USA Rare Earth (NASDAQ: USAR), to bolster its capabilities.
The two companies are expanding their capabilities for mining and processing rare-earth elements and manufacturing refined magnets, which are critical for defense, aerospace, and technological applications. If you re considering investing in the budding U.S. rare-earth industry, one of these companies stands out as a better investment right now.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »