USA Rare Earth, Critical Metals Stocks Explode—JPMorgan Adds Fuel To The Fire

Benzinga

Rare earth stocks jumped after JPMorgan unveiled a $1.5T plan to bolster U.S. security and invest in critical minerals. CEO Jamie Dimon warned of overreliance on foreign sources as investors bet on domestic supply chain growth.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Rare Earth stocks surged money after JPMorgan Chase announced a $1.5 trillion initiative

00:08to strengthen national security through investment in critical sectors,

00:11including minerals and frontier technologies.

00:14Big Senate will invest up to $10 million in direct equity

00:17to support U.S. companies developing domestic mineral supply chains,

00:20advanced manufacturing, and resilient technologies.

00:24CEO Jamie Dimon emphasized that America has become overly reliant

00:27on foreign sources for critical materials.

00:30Essential to its economy and defense.

00:32Rare Earth stocks rallied as JPMorgan's investment initiative.

00:35Rising trade tensions with China and supportive U.S. policies

00:38boosted investor confidence.

00:40Ongoing government incentives and strong growth forecasts

00:43continue to drive optimism across the critical mineral sector.

00:46For all things money, visit Benzinga.com.

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