The US and China are expected to reach a deal on Thursday when Presidents Trump and Xi are to meet in South Korea. Rare earth minerals are in focus with American rare earth stocks tumbling as US-China tensions ease. William Blair analyst Neal Dingmann shares his top stock picks in the sector.
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00:00 Speaker A
We’ve been showing your picks here. Um, it’s Neo Corp, USA Rare Earth, American Resources, Royalty Management, US Antimony are the are the various picks. Do you have a favorite or do you do you just think it’s safest to sort of buy the basket?
00:14 Speaker B
Think um, the one that, you know, is probably nearest term is USAR, US USA Rare Earth. Um, why I say that is they just uh recently purchased, they haven’t closed yet on a very strategic uh Australia uh UK company, uh called LCM, Lescom metals that is going to provide the metals and alloys. Number two, they have a very large magnet factory in Stillwater, Oklahoma, not far from here in Houston, uh that’s going to start up right around year end. So again, I think it’s going to be very critical, uh no pun intended when when both of those the acquisition in UK gets completed and when the uh US uh magnet facility begins production, which is going to be sooner than later.
