Why Rare-Earths Miner Energy Fuels Rallied in the Double Digits on Thursday

Shares of critical mineral miner Energy Fuels (NYSEMKT: UUUU) rallied 11.7% in Thursday's trading, well ahead of the overall market.Energy Fuels is a U.S.-based miner and processor of uranium and other rare-earth elements, among other critical metals. In recent days, China announced that it would be suspending certain shipments of rare-earth minerals to the U.S., in response to President Donald Trump's large tariff increases on Chinese goods. But today, Energy Fuels issued a press release saying it has a solution ready that could alleviate potential shortages... albeit with a catch.On April 4, China retaliated against President Trump's "Liberation Day" tariffs by ordering restrictions on shipping six heavy rare-earth metals to the U.S. These metals are crucial for a number of end markets, including electric vehicles, aerospace and defense equipment, and capacitors that go into semiconductor systems. China's government said that exporters would now have to apply for a license to ship these crucial materials to the U.S. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool