Why MP Materials Stock Rallied 44% in February

Why MP Materials Stock Rallied 44% in February

Shares of rare earth miner MP Materials (NYSE: MP) rose a dramatic 44% in February according to data from S&P Global Market Intelligence. First, MP Materials' focus on rare earth metals is tied into the growth of electric automobiles. There's more to this story, however, because MP Materials is one of the very few non-Chinese options in the rare earth space.