3 Under-the-Radar Mining Stocks to Buy With $100 Right Now

This post was originally published on this site.

The periodic table never looked so lucrative. These three mining stocks want to capture the upside.

Mining stocks aren’t always the safest investments. The mining industry is cyclical — growing when the economy does, but falling when economic activity slows down — and the work itself is capital intensive. The best companies in this industry tend to be profitable, have robust balance sheets, and mine multiple metals, so one weak market doesn’t derail the whole company.

For aggressive investors who can stay invested for five years or longer, there are a few under-the-radar mining stocks that might be worth a $100 investment. If you can stomach volatility, here are three interesting mining stocks to consider.

1. TMC The Metals Company

TMC The Metals Company (TMC +13.10%) is a deep-sea mining company that’s focused on collecting polymetallic nodules from the floor of the Pacific Ocean.

In a nutshell, it wants to vacuum up these potato-sized nodules with specialized sea rovers and process them into battery-grade metals.

An underwater rover docking over the ocean.

Image source: The Metals Company.

Each of these nodules is essentially an electric vehicle (EV) battery in miniature. They contain viable quantities of nickel, cobalt, copper, and manganese. While these metals are also found on land, TMC’s pitch is to harvest them from the seafloor without the toxic tailings, deforestation, and other destructive side effects of traditional mining.

TMC The Metals Company Stock Quote

TMC The Metals Company

Today’s Change

(13.10%) $0.74

Current Price

$6.39

For years, the company was at a standstill, as it waited for the U.N.’s International Seabed Authority (ISA) to finalize a mining code for deep-sea ventures like its own. While that has slowed its progress, new initiatives from the U.S. government — which doesn’t recognize the ISA as an agency — could give it a backdoor to mining metals sooner than expected.

Still, the company is pre-revenue. An investment today rests on hopes of commercialization.

2. MP Materials

MP Materials (MP +8.49%) owns and operates the Mountain Pass mine in California. This is currently the only active large-scale rare-earth mine in the U.S. It’s also the second-largest rare-earth mine in the world.

MP Materials Stock Quote

MP Materials

Today’s Change

(8.49%) $4.80

Current Price

$61.35

MP Materials’ business is crucial to the U.S. rare-earth metal supply chain. Not only is it mining rare-earth elements like neodymium and praseodymium (NdPr) but it’s also processing that ore into permanent magnets. These powerful magnets are crucial to many industries (like technology, clean energy, and defense), and without them, large parts of the U.S. economy would be at risk.

In July 2025, MP received a $400 million investment by the Department of Defense and entered a $500 million partnership with Apple.

3. USA Rare Earth

Like MP, USA Rare Earth (USAR +6.02%) is focused on building a domestic supply chain of rare-earth metals for American companies.

It controls the Round Top Mountain deposit in Texas, a massive polymetallic body that contains 15 of 17 rare-earth elements.

USA Rare Earth Stock Quote

USA Rare Earth

Today’s Change

(6.02%) $1.24

Current Price

$21.84

Unlike MP, however, USA Rare Earth is still building its mine and magnet manufacturing facilities. To that aim, it recently announced raising about $3.1 billion in funding, both from the Department of Commerce and private sector investments.

The company is pre-revenue, and its Round Top mine likely won’t be operational until late 2028. Like MP and TMC, then, USA Rare Earth is a stock to hold for the long term — the road could be rocky, but the upside for early investors could be significant.