JPMorgan Slashes Lithium Americas Rating After 200% Rally
JPMorgan downgrades Lithium Americas to Underweight with $5 target, citing overvaluation despite government investment. Stock faces 47% potential decline.
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China Tightens Rare Earth Export Controls Ahead of Trump-Xi Summit
China announces sweeping new export restrictions on rare earths and critical materials, escalating trade tensions before crucial US-China negotiations in South Korea.
U.S. Accelerates Critical Mineral Strategy: Ambler Road Approved and Trilogy Metals Receives Government Stake
The US government approved Alaska’s Ambler Road and took a 10% stake in Trilogy Metals to secure critical domestic minerals, causing Trilogy shares to surge.
US Government Denies Critical Metals Stake Amid Volatile Rare Earths Market
Shares of Critical Metals Corp. skyrocketed following reports the US Administration might take an equity stake, but a White House official confirms Washington is not actively considering the deal.
Trump Administration Seeks Stake in Lithium Americas
The U.S. government wants up to 10% ownership in Lithium Americas' Thacker Pass mine, vital for U.S. electric vehicle (EV) batteries. This demand is tied to a $2.26B loan and aims to boost domestic supply to cut reliance on China.
MP Materials' Strategic Surge: Rare Earths & Key Partnerships
US rare earths leader MP Materials posts strong Q2 with record NdPr (a key component in rare earth permanent magnets) output, driven by vital partnerships with the DoD and Apple, bolstering domestic supply.