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Why Did USA Rare Earth Stock Just Pop?


USA Rare Earth (NASDAQ: USAR) stock jumped 11% through 11:55 a.m. ET Wednesday as investors continue to guess whether China will or won't ease restrictions on rare-earth magnet exports -- flooding global markets with magnets, and threatening USA Rare Earth profits.

The good news: Today, it seems China may not ease those restrictions.

Image source: Getty Images.

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Source Fool.com

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