MP Materials vs. The Metals Company: Which Rare-Earth Bet Actually Pays Off First?
For investors looking to capitalize on the domestic push for rare-earth mining and processing, one stock clearly stands out as a better buy right now.
Overview
Rare-earth elements are central to advanced technologies, including those used in defense. For decades, China has tightened its grip on the mining and processing of these crucial materials, raising concerns among U.S. policymakers.
Research from The Motley Fool shows that China accounts for roughly 70% of rare-earth extraction and 90% of rare-earth processing. In response, there is a renewed focus on boosting domestic mining and processing of rare-earth elements.
Details
Two rare-earth companies generating buzz are MP Materials (NYSE: MP) and The Metals Company (NASDAQ: TMC). Both companies could be key players in helping the U.S. secure rare-earth elements, but one in particular stands out as the smarter investment choice that could pay off sooner rather than later.
Source
Originally published at www.fool.com.