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USAR drops 4% and MP Materials falls 5% as Trump-Xi summit hopes erode the scarcity premium driving domestic rare earth valuations.
REMX sinks 5% versus SPY's 0.5% dip, confirming a targeted sector repricing rather than a broad market risk-off move.
USA Rare Earth broke ground on a $1.2 billion South Carolina facility Wednesday, yet diplomatic headlines overshadowed the milestone the very next day.
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