Rare earths are core materials for advanced industries — electric vehicles, wind power and smartphones among them. The REMX ETF invests in rare earth and strategic metals companies, tracking the growth of that market.
What pushes rare earth prices up:
Rising demand from EVs and renewable energy
An expanding market for advanced electronics
China's export restrictions
US and Western efforts to diversify supply chains
Defence and space industry demand
REMX ETF composition
Key characteristics:
Regional split: Australia 41%, China 23%, US 15%
Top holdings: MP Materials, Neo Performance Materials, Ucore Rare Metals
Expense ratio: 0.53%
Applications: Batteries, permanent magnets, catalysts, phosphors and more
Market structure: China accounts for more than 60% of global production, and supply chains are being reshaped.