
October 27, 2025
Article from CNBC by Sam Meredith
Article Synopsis
Shares of U.S.-listed rare earth miners plunged Monday after reports that China may delay planned export controls on critical minerals as part of an emerging U.S.–China trade deal. Stocks like Critical Metals, USA Rare Earth, and MP Materials fell sharply following comments from Treasury Secretary Scott Bessent, who said both nations were close to an agreement that would also avert new U.S. tariffs on Chinese goods.
The news comes ahead of a scheduled meeting between President Trump and Chinese leader Xi Jinping, where details of the deal are expected to be finalized. Analysts say China’s move to pause export restrictions could mark a temporary truce in the ongoing trade tensions over control of the global critical minerals supply chain.





