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Rare earth stocks slide as Trump administration backs off critical mineral price floors – Reuters

Jan. 28, 2026 8:05 PM ETVanEck Rare Earth and Strategic Metals ETF (REMX), XME, LIT, MP Stock, USAR Stock, UAMY Stock, CRML StockWWR, ALB, LAC, TMQ, METC, SLI, BATT, SGML, TMC, PPTA, NMG, NBBy: Carl Surran, SA News Editor
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Wheel loader unloading sand into mining truck at the open pit

Maksim Safaniuk/iStock via Getty Images

The Trump administration is stepping back from plans to guarantee a minimum price for U.S. critical minerals projects, Reuters reported late Wednesday, sending shares of rare earth companies sharply lower after-hours.

USA Rare Earth (USAR) -10.5%, United States Antimony (

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