MP Materials is trading 4.21% up at $49.28, recovering from the 4.29% decline on September 18 as stronger U.S. markets support risk appetite.

  • The S&P 500 is up 0.65% and Nasdaq is up 0.90%.
  • Falling oil prices and easing yields are supporting risk appetite.
  • Investors are monitoring reports that China Rare Earth Group is discussing an acquisition of Shenghe Resources, which owns about 3% of MP Materials.