Best Mining Stock to Purchase for $100

Mining stocks typically don’t exhibit the explosive growth seen in tech startups; however, MP Materials (NYSE: MP), a rare earth metal miner, has achieved a remarkable triple-digit gain over the past year, making it a standout in the market. Unlike other mining companies, MP Materials operates the Mountain Pass mine in California, one of the few scalable rare earth metal mines in the U.S. This unique position contributes to its significant market appeal.

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