Changes in US stocks | Rare earth concept stocks strengthen, Perpetua Resources (PPTA.US) surges 10%

The Zhitong Finance App learned that on Thursday, rare earth concept stocks strengthened, with Perpetua Resources (PPTA.US) surging 10%, TMC the Metals (TMC.US) up more than 4%, Cleveland Cliffs (CLF.US) rising more than 3%, and MP Materials (MP.US) and USA Rare Earth (USAR.US) rising more than 1%. According to the news, on December 9, Perpetua Resources announced that it will cooperate with the Idaho National Laboratory to build a modular pilot processing plant with the aim of restoring key minerals such as antimony and using them for defense applications to enhance domestic defense mineral processing capabilities. The company owns the Stibnite Gold project, which is expected to produce nearly 150 million pounds of antimony over the life cycle of the mine, supporting the defense minerals supply chain and the production of military grade antimony trisulfide.