2 Reasons to Buy MP Materials Stock, and 1 Reason to Sell
The rare-earth mining company has emerged as a key player in the U.S.'s efforts to secure domestic production of these crucial materials.
Overview
Critical minerals are crucial for modern technology. These materials are essential for everything from smartphones to clean energy systems to modern defense platforms. Research from The Motley Fool shows that China controls a significant share of the supply chain for mining and processing critical minerals, which could pose a national security threat due to supply disruptions or trade disputes.
Because of their importance, the U.S. is seeking to secure its supply of critical minerals and rare-earth elements, and MP Materials (NYSE: MP) is one company leading the way. Last year, the U.S. producer of rare-earth materials entered a historic deal with the government. For investors considering MP Materials, here are two reasons to buy the stock and one reason to sell.
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Originally published at www.fool.com.