Rare earth and critical minerals stocks plummeted Thursday after Reuters reported the Trump administration is walking back price floor guarantees for domestic critical mineral projects, requiring future projects to prove 'financial independence' instead. MP Materials and U.S. Antimony disputed the report's accuracy, clarifying that existing government contracts remain intact. The sell-off was triggered by concerns about reduced federal support for the domestic rare earth supply chain.

Russia and Belarus have shown support for Venezuelan President Nicolas Maduro amid increasing U.S. pressure for his removal. Putin reaffirmed support during a phone call, while Belarus signaled Maduro would be welcome, as Trump escalates military presence in the Caribbean.

The U.S. government is planning to acquire equity stakes in critical minerals companies to challenge China's dominance in rare earth materials supply, with over $1 billion invested in the past year to support domestic mineral producers.

As trade tensions with China escalate, rare earth stocks are gaining attention, with several lesser-known companies offering strategic exposure to critical minerals and emerging technologies.

The Pentagon is planning a $1 billion stockpile of critical minerals to reduce dependence on China and secure defense supply chains, targeting metals like cobalt, antimony, tantalum, and scandium amid growing geopolitical tensions.

The article discusses how the U.S. government and western institutions are supporting domestic development of critical minerals to break China's stranglehold. Companies like Ares Strategic Mining, Century Aluminum, United States Antimony, NioCorp Developments, and Taseko Mines are ramping up production to address the growing demand for these minerals.

The article discusses three emerging growth stock ideas from the 2024 Think Equity Conference, including Cel-Sci, NetSol Technologies, and United States Antimony Corporation.

China's recent changes to export controls on critical minerals like antimony and tungsten could have serious global supply chain implications. Mining companies are working to improve the chances for countries outside of China to compete in the critical minerals market.

Top Stories for March 11, 2024: 1. United States Antimony Corporation (NYSE:UAMY) announced the immediate discontinuation of all operations in Latin America, including the sale or closure of its U.S. Antimony de Mexico subsidiary. This action will affect the company's Madero smelter and the Puerto Blanco mining facility due to their long-standing negative cash flow and lack of future profitability.  The move aims to improve cash flow for its remaining business in Thompson Falls, Montana.  The company plans to sell or lease the affected assets and has begun looking for buyers or lessees. The financial impact of these actions is currently unclear.  United States Antimony will retain its Los Juarez mining claims, which have significant exploration potential but no active operations. Chairman and Co-CEO ...Full story available on Benzinga.com

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here’s the latest list of major oversold players in this sector, having an RSI near or below 30. United States Antimony Corporation (NYSE: UAMY) U.S. Antimony, during August, announced appointment of Gary C. Evans as Chairman of its Board of Directors. The company’s stock has a 52-week low of $0.24 . RSI Value: 29.71 UAMY ...

The Dow Jones closed higher by more than 250 points on Monday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga's insider transactions platform. Theriva Biologics The Trade: Theriva Biologics, Inc. (NYSE: TOVX) CEO and CFO Steven A Shallcross bought a total of 25,000 shares at an average price of $0.75. To acquire these shares, it cost around $18.7 thousand. What’s Happening: Theriva Biologics received a notice of allowance for its U.S. ...

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