Rare earth stocks in focus amid US-China trade talks

Shares of several U.S.-listed rare earth miners fell on Monday as U.S. officials said they expect China to delay introducing export controls on critical minerals as part of a broader trade deal.

Critical Metals fell nearly 8% in premarket trade, USA Rare Earth declined 7.4%, MP Materials was down 5.2% and Trilogy Metals lost 5%. Energy Fuels and NioCorp Developments, meanwhile, were both seen trading around 6% lower.

U.S. Treasury Secretary Scott Bessent told NBC News’ “Meet The Press” on Sunday that Washington and Beijing were expected to reach a deal to avoid a new 100% U.S. tariff on Chinese goods, with Beijing set to defer on imposing strict rare earth export controls.

His comments come ahead of a high-stakes meeting between Chinese leader Xi Jinping and U.S. President Donald Trump on Thursday.

This is breaking news. Please refresh for updates.