- Critical Metals, USA Rare Earth and MP Materials were all trading sharply lower in early deals.
- The move comes as U.S. President Donald Trump prepares to meet Chinese leader Xi Jinping for a high-stakes summit.
- China is the undisputed leader of the critical minerals supply chain.
Shares of several U.S.-listed rare earth miners fell sharply 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 more than 17% in early deals, USA Rare Earth declined 12%, MP Materials was down 7.3% and Trilogy Metals lost 15%. Energy Fuels and NioCorp Developments, meanwhile, traded 14.7% and 9.5% lower, respectively.
Source: https://www.cnbc.com/2025/10/27/trump-xi-meeting-rare-earth-stocks-in-focus-amid-us-china-trade-talks.html