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Oct 27, 2025 8:01 PM

Rare Earths Rollercoaster: Stocks Tank As Export Controls Get A Breather

Rare earth and critical mineral stocks tumbled Monday amid growing expectations that China might pause its latest round of export control measures. 

UAMY stock is tanking. See the real-time price action here. 

Over the weekend, Treasury Secretary Scott Bessent said that the US and China had drafted a trade deal ahead of this week's meeting between President Donald Trump and Chinese President Xi Jinping. 

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Bessent indicated that the pending threat of Trump's 100% tariffs on Chinese imports, set to go into effect on Nov. 1, has been averted and he expects China to delay its rare earth and magnet controls for one year. 

Rare ...