American Rare-Earth Stocks Rally After Trump’s Greenland Deal

US-based rare-earth mining stocks climbed Monday, led by Critical Metals, which rose as much as 43% at intraday highs. The company drew attention because it owns the Tanbreez Rare Earth Project, described as a large rare-earth mine in southern Greenland.

Other movers cited included Critical Metals at +37%, USA Rare Earth at +8%, MP Materials at 4%, TMC The Metals Company at +5%, and Ramaco Resources at +3%. For readers, the key takeaway is that investors quickly connected Greenland exposure with potential rare-earth supply-chain strategy.

Trump revealed Friday that the US had reached an agreement with Denmark granting it permanent security control over Greenland. The deal is expected to be officially signed next week.

Trump’s post announcing the deal did not mention mining or natural resources, but rare-earth mining stocks still surged in premarket trading. That reaction shows Wall Street is focused less on the text of the announcement and more on what Greenland could signal for US access and strategy.

Trump has been focused on strengthening the American rare-earth metals supply chain since returning to office. Business Insider reported that his strategy has primarily centered on taking equity stakes in miners, including Critical Metals and USA Rare Earth.

The move comes as rare-earth shipments from China to the US are dropping ahead of Trump’s meeting with Chinese president Xi Jinping. The US has been highly dependent on China’s rare-earth mining industry, and Wall Street is reading the Greenland deal as a sign the US is moving away from that reliance.

The immediate market reaction highlights how quickly policy signals can move mining stocks tied to strategic materials. Critical Metals’ Greenland project put it at the center of the trade, while other rare-earth names also benefited from the broader supply-chain narrative.

The deal itself has not been officially signed yet, and the announcement did not specify mining rights or natural-resource terms. That makes the rally a policy-driven market bet rather than confirmation of new mining activity.