Why USA Rare Earth Stock Popped on Monday
USA Rare Earth (NASDAQ: USAR) stock started another week strong Monday, rising 6.3% through 10:15 a.m. ET after reports began filtering out of Washington, D.C., about a planned government "Project Vault."
Project Vault envisions building a $1 billion stockpile of critical minerals, including rare-earth metals, with the support of $10 billion in loans from the U.S. Export-Import Bank and $1.7 billion in private funding, as Bloomberg and CNBC report.
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Source Fool.com
