USA Rare Earth shares reach record high after CEO confirms talks with Trump administration
1. USA Rare Earth shares surged 18% after discussions with the Trump administration. 2. Company market value reached $2.59 billion following stock price increase. 3. CEO confirmed close communication with White House on potential support. 4. US focus on rare earth production aims to reduce dependency on China. 5. Plans for mines and factories to launch by early 2026.