Rare Earth Stocks Surge After Trump Announces Critical Mineral Reserve

• Rare earth company shares in the US saw a significant premarket surge on Tuesday.
• The jump followed US President Donald Trump's announcement of a Critical Mineral Reserve.
• Project Vault, a $12 billion initiative, combines $2 billion private capital with a $10 billion US Export-Import Bank loan.
• Trump stated the reserve aims to prevent critical mineral shortages for American companies and workers.
• Rare earth minerals are crucial in the US-China geopolitical competition, with China dominating the supply chain.

Why It Matters: Trump's Critical Mineral Reserve announcement caused a significant rally in US rare earth stocks.