Get in on America’s Rare Earth Revolution

Rare earth minerals may not be the most exciting topic, but for investors, they are becoming increasingly important. These minerals, such as lithium and cobalt, are crucial components in many modern technologies, from smartphones to electric vehicles. And with the rise of renewable energy and electric vehicles, the demand for rare earth minerals is only going to increase.

So how can retail investors take advantage of this trend? The answer lies in investing in companies that mine and produce these minerals. While there are a few major players in this industry, there are also smaller, lesser-known companies that are worth considering. These smaller companies may have more room for growth and offer a better opportunity for investors to get in on the ground floor.

One such company to keep an eye on is MP Materials (NYSE: MP). This company is the owner and operator of the Mountain Pass mine, the only rare earth mining and processing facility in the United States. With increasing demand for rare earth minerals, MP Materials is in a prime position to benefit and has already seen significant growth in its stock price since going public in July 2020.

Another option for investors is to look into companies that are developing technology to reduce the use of rare earth minerals. For example, Tesla (NASDAQ: TSLA) has been working on developing batteries that use less cobalt, which is known for its high cost and ethical concerns. By investing in companies that are actively working to reduce their reliance on rare earth minerals, investors can not only diversify their portfolio but also support more sustainable and ethical practices.

In conclusion, the rare earth revolution is well underway and presents a promising opportunity for retail investors. By researching and investing in companies that mine and produce these minerals, as well as those developing more sustainable technologies, investors can potentially reap the benefits of this growing industry while also supporting more responsible practices. So don’t overlook rare earth minerals – they may just be the key to a successful investment portfolio.