President Donald Trump is expected to meet Chinese President Xi Jinping this week where rare earths could emerge as a key discussion point.

MP Materials has experienced a nearly 10% decline in its stock price over the last five days and is down approximately 30% from its peak on October 14.

Access to rare earth minerals used to make electric cars and other green tech are likely to be high on the agenda in talks between Donald Trump and Xi Jinping.

Shares of U.S.-listed rare earth miners slumped before the bell on Monday after Washington and Beijing reached a framework for a trade deal that could pause planned U.S. tariffs and Chinese export controls on critical minerals,

China’s far-reaching rules already affect manufacturers of semiconductors, cars and many other products. They will soon become much broader.

Among other stocks that have been on investors’ radar, since the government deemed the rare-earth industry vital to national security, shares of United States Antimony Corp. sank 20.3% on Monday and American Resources Corp.’s stock dropped 11.2%.

Cleveland-Cliffs CEO Lourenco Goncalves announced plans to explore rare earth mineral production at sites in Michigan and Minnesota amid China's export controls.

The White House is considering banning exports to China of all items that were made with or contain U.S.-made software in response to China’s announcement of rare earth export controls. According to Reuters,

IEA indicates that Malaysia is critical for future rare earth refining and ASEAN and Austrlia have critical mining, reserves and refining of rare earths.

Trump is in South Korea, the final stop of his Asia tour, where he says he expects to nail down a "good deal for both" China and the U.S. with Xi Jinping.

Share of rare earth stocks are trading lower Monday amid potential U.S.-China negotiations that could delay export controls.