VanEck Rare Earth and Strategic Metals ETF (ARCA: REMX)

에 대한 최신 뉴스 VanEck Rare Earth and Strategic Metals ETF (ARCA:REMX)

VanEck Rare Earth/Strategic Metals ETF

VanEck Vectors Rare Earth Strategic Metals ETF

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The Fund normally invests at least 80% of its total assets in securities that comprise the Funds benchmark index. The Rare Earth/Strategic Metals Index includes companies primarily engaged in a variety of activities that are related to the producing, refining and recycling of rare earth and strategic metals and minerals. Such companies may include small- and medium- capitalization companies and foreign and emerging market issuers. To be initially eligible for the Rare Earth/Strategic Metals Index, companies must generate at least 50% of their revenues from rare earth/strategic metals or have mining projects with the potential to generate at least 50% of their revenues from rare earth/strategic metals when developed. Rare earth/strategic metals are industrial metals that are typically mined as by-products or secondary metals in operations focused on precious metals and base metals. Compared to base metals, they have more specialized uses and are often more difficult to extract. Currently, approximately 44 elements in the periodic table are considered rare earth/strategic metals. Rare earth metals (or rare earth elements), a subset of strategic metals, are a collection of chemical elements that are crucial to many of the worlds most advanced technologies, such as cellular phones, high performance batteries, flat screen televisions, green energy technology, and are expected to be critical to the future of hybrid and electric cars, high-tech military applications and superconductors and fiber-optic communication systems. The Rare Earth/Strategic Metals Index may include A-shares issued by companies trading via the Shanghai-Hong Kong Stock Connect program and the Shenzhen-Hong Kong Stock Connect program (together, Stock Connect). As of December 31, 2023, the Rare Earth/Strategic Metals Index included 27 securities of companies with a market capitalization range of between approximately $349 million and $17 billion and a weighted average market capitalization of $5.2 billion. These amounts are subject to change. The Funds 80% investment policy is non-fundamental and may be changed without shareholder approval upon 60 days prior written notice to shareholders.

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최근 연구에 따르면 아칸소주가 전기차(EV) 배터리와 기타 첨단 제품에 필수적인 리튬을 상당량 보유하고 있을 가능성이 제기되었다.

아칸소주가 전기차 배터리 수요 증가에 따라 1천 9백만 톤의 리튬을 보유 중으로 예상

VanEck Rare Earth and Strategic Metals ETF

Sigma Lithium Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGML#NASDAQ">SGML</a>) reported a third-quarter revenue of $20.9 million, missing the <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/n42003367/sigma-lithium-announces-3q24-results-production-beats-guidance-maintained-low-costs-at-target-gene" rel="noreferrer noopener">consensus of $72.5 million</a>.
Sales revenue for shipments stood at $44.2 million in the quarter and Concentrate sold came in at 57,483 tonnes vs. 52,572 tonnes in the second quarter of 2024.
Sigma Lithium delivered strong operational results at its Greentech industrial plant in the third quarter, producing 60,237 tonnes of Quintuple Zero Lithium Concentrate, an increase of 22% quarter over quarter and exceeding the 60,000 tonnes guidance.
This performance included multiple daily production records and sustained operations above 860 tonnes per day.
In the third-quarter, Sigma Lithium achieved one of the industry&#8217;s lowest cash unit operating costs, with CIF China averaging $513/ tonnes, slightly down from $515/ tonnes in the second quarter of 2024.
At the Grota do Cirilo operations, cash unit operating costs for lithium concentrate averaged $395/t, including a temporary $25/t expense for mobile crushers.
The company reported cash adjusted EBITDA&nbsp;loss of $10.6 million and EBITDA loss of $12.8 million in the quarter. Loss per share of $0.23&nbsp;missed <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">the EPS consensus of $0.07</a>.
Sigma Lithium ended the third quarter with&nbsp;cash and cash equivalents of $65.6 million, and operating cash flow stood at&nbsp;$34 million&nbsp;in the third quarter.
Outlook: The company anticipates fourth-quarter production <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">to reach at least 60,000 tonnes</a>.
Ana Cabral, Co-Chairperson and CEO said,&nbsp;&#8220;This quarter we achieved our production and low industry cost targets, generating robust free cash flow and demonstrating our operational resilience to lithium cycles.&#8221;
&#8221;We also benefited from our shifted commercial strategy to navigate industry seasonality, enabling us to secure higher average realized prices compared to benchmarks.&#8221;
Investors can gain exposure to the stock via&nbsp;Sprott Lithium Miners ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LITP#NASDAQ">LITP</a>) and VanEck Rare Earth and Strategic Metals ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/REMX#NYSE">REMX</a>).
Price Action: SGML shares are down 2.66% at $12.80 at the last check Friday.
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Sigma Lithium Misses Q3 Revenue and EPS Targets Despite Production Gains

In a recent study, researchers have suggested that Arkansas could potentially hold a significant amount of lithium, a crucial component for electric car batteries and other high-tech products.
What Happened: The researchers, in a study published in the journal Science Advances, have estimated that there could be between 5.1 to 19 million tons of lithium in the Smackover Formation brines in southern Arkansas, <a href="https://thehill.com/policy/energy-environment/4945872-arkansas-19-million-tons-lithium-battery-power/">reported</a> The Hill. This amount could potentially make up 35 to 136% of the current U.S. lithium resource estimate.
The researchers used a machine-learning model trained on published and newly collected brine lithium concentration data to create a map of predicted lithium concentrations in Smackover Formation brines across southern Arkansas.
Lithium ETFs offer a way to diversify your investments across multiple companies poised to benefit from the growing demand for lithium. 
Some of the top lithium ETFs to consider include the Global X Lithium &amp; Battery Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LIT#NYSE">LIT</a>), Amplify Lithium and Battery Technology ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BATT#NYSE">BATT</a>), First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQGM:<a class="ticker" href="https://www.benzinga.com/stock/QCLN#NASDAQGM">QCLN</a>), iShares Global Clean Energy ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICLN#NASDAQ">ICLN</a>), and the VanEck Vectors Rare Earth/Strategic Metals ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/REMX#NYSE">REMX</a>).
See Also: <a href="https://www.benzinga.com/markets/equities/24/10/41422633/investors-lost-over-95-of-their-wealth-in-this-nvidia-linked-etf-while-jensen-huang-led-chip-gia?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Investors Lost Over 95% Of Their Wealth In This Nvidia-Linked ETF While Jensen Huang-Led Chip Giant Gained 220% In The Past Year: Here&#8217;s More</a>
Why It Matters: Automakers and tech companies are scrambling to <a href="https://www.benzinga.com/markets/equities/24/10/41360023/lithium-americas-shares-surge-as-gm-commits-625m-to-thacker-pass-project">secure their lithium supplies</a>, with some even investing in mining projects, such as General Motors&#8216; joint venture with Lithium Americas (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LAC#NYSE">LAC</a>) for the Thacker Pass lithium project in Nevada.
Meanwhile, in Europe, the Serbian parliament&#8217;s decision <a href="https://www.benzinga.com/government/24/10/41289306/serbian-parliament-doesnt-pass-lithium-ban-keeps-rio-tintos-major-project-alive">not to ban lithium exploration and exploitation</a> has kept Rio Tinto&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIO#NYSE">RIO</a>) major Jadar project alive. 
In January, Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) revealed its <a href="https://www.benzinga.com/top-stories/24/02/37188987/interesting-elon-musk-captivated-by-microsofts-70-lithium-reduced-battery-innovation">collaboration with a U.S. national laboratory</a> to create an innovative battery material that decreases lithium consumption by 70%, attracting interest from Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk.
Moreover, in July 2022 Musk tweeted that &#8220;lithium batteries are the new oil,&#8221; responding to Craft Ventures co-founder David Sacks&#8216; comments about the importance of <a href="https://www.benzinga.com/trading-ideas/movers/22/07/28056987/elon-musk-says-this-battery-metal-is-the-new-oil-but-should-the-vehicle-connoisseur-take-his">energy independence amid oil challenges</a> from Russia&#8217;s invasion of Ukraine. 
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Arkansas May Be Sitting On 19M Tons Of Lithium Amid Rising Demand For EV Batteries: How To Invest In What Elon Musk Calls 'The New Oil'

Goldman Sachs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) reinforced its bullish outlook on gold, citing increased central bank demand and expectations of a U.S. Federal Reserve <a target="_blank" href="https://www.benzinga.com/federal-reserve" rel="noreferrer noopener">interest rate cut</a> tomorrow.
"While we see some tactical downside to gold prices under our economists' base case of a 25bp Fed cut on Wednesday, we reiterate our long gold trading recommendation and our price target of $2,700/oz by early 2025," the investment bank said in a note.
With the price of gold making new all-time highs, reaching 2589.60 on the spot market, the two-quarter upside price target of 5% doesn't seem much. At the moment, the market is pricing a 65% chance of a 50-basis-point cut tomorrow, <a target="_blank" href="https://www.google.com/search?client=firefox-b-d&amp;q=cme+fed+watchtool" rel="noreferrer noopener">per</a> the CME FedWatch tool.
Now read:<a target="_blank" href="https://www.benzinga.com/markets/equities/24/09/40861213/why-interest-rate-cuts-wont-automatically-boost-the-stock-market" rel="noreferrer noopener"> Why Interest Rate Cuts Won't Automatically Boost The Stock Market</a>
Gold is traditionally seen as a hedge against inflation and economic uncertainty. With the U.S. recession still in discussion and a Fed pivot toward more accommodative monetary policies, investor interest in gold is <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40689742/goldman-sachs-bullish-on-gold-wall-street-giant-targets-2-700-by-early-2025-driven-" rel="noreferrer noopener">expected to remain strong</a>, accompanied by buying from foreign central banks, <a target="_blank" href="https://www.benzinga.com/markets/asia/24/05/38649656/how-chinas-central-bank-gold-buying-frenzy-drove-prices-to-record-highs-attracting-gen-z-to-gold-bea" rel="noreferrer noopener">particularly China</a>.
The Fed's anticipated rate cuts could <a target="_blank" href="https://www.benzinga.com/markets/equities/24/09/40861213/why-interest-rate-cuts-wont-automatically-boost-the-stock-market" rel="noreferrer noopener">lower bond yields</a>, making gold more attractive as it does not generate interest.
In contrast to its positive gold outlook, the bank recently downgraded its projection for iron ore prices. The bank slashed its fourth-quarter 2024 forecast by $15 per metric ton, lowering it to $85 due to concerns of oversupply despite stabilizing demand from China.
Despite China's attempts at economic stimulus and rising steel demand, the broader economic slowdown and the real estate crisis have dampened demand for iron ore. Its futures briefly dipped below $90, reaching the lowest point in almost two years.
Goldman noted that while there might be short-term support due to restocking ahead of the holiday week in October, but the continued buildup of iron ore inventories is likely to drive prices further down.
Supply-demand imbalances have been a key issue for the market, particularly with major players like Brazil's Vale and Australia's BHP maintaining production levels.
Kallanish Consulting analyst Ian Roper explained the current price dynamics <a target="_blank" href="https://www.bnnbloomberg.ca/business/international/2024/09/11/iron-ore-tests-floor-as-plunge-to-90-a-ton-puts-mines-at-risk/" rel="noreferrer noopener">for</a> Bloomberg.
"We need to eliminate about 100 million tons to balance this market, and to do that, we need prices to settle in the $80s," he noted.
Also read:
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<li><a href="https://www.benzinga.com/news/24/09/40875211/bhp-group-sounds-alarm-on-copper-supply-ai-and-ev-growth-could-drive-prices-soaring-report" target="_blank" rel="noreferrer noopener">BHP Group Sounds Alarm on Copper Supply, AI and EV Growth Could Drive Prices Soaring: Report</a></li>
</ul>
Benzinga Mining is the bridge between mining companies and retail investors. Reach out to <a href="mailto:licensing@benzinga.com" target="_blank" rel="noreferrer noopener">licensing@benzinga.com</a> to get started!
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Goldman Sachs Sees Gold Higher, Takes A Downbeat Stance On Iron Ore

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U.S. Deputy Secretary Of State Campbell Says U.S. Needs To Contest Chinese Actions, Including Basing Strategy And Pursuit Of Rare Earth Minerals In Africa

The growing trend of hybrid electric vehicle (HEV) adoption is poised to reshape the landscape for <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/39063832/as-ev-adoption-stalls-due-to-chicken-and-the-egg-situation-hybrids-race-ahead">essential raw materials</a>.
Bill Peterson from JPMorgan outlines how this shift impacts the demand for lithium, rare earths, copper and aluminum.
For investors, this shift comes with significant implications in related ETFs such as the Global X Lithium &amp; Battery Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LIT#NYSE">LIT</a>), Amplify Lithium &amp; Battery Technology ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BATT#NYSE">BATT</a>), WisdomTree Battery Value Chain and Innovation Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WBAT#NYSE">WBAT</a>) and the United States Copper Index Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPER#NYSE">CPER</a>).
<h3 class="wp-block-heading">Lithium and Rare Earths: Balancing Act</h3>
The demand for lithium and rare earths is projected to decline due to lower battery electric vehicle (BEV) sales. BEVs traditionally contain a higher content of these materials. 
While HEVs and plug-in hybrid electric vehicles (PHEVs) are set to increase, their cumulative demand for lithium and rare earths won&#8217;t fully offset the drop from BEVs.
Related: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/39063832/as-ev-adoption-stalls-due-to-chicken-and-the-egg-situation-hybrids-race-ahead">As EV Adoption Stalls Due To &#8216;Chicken And The Egg&#8217; Situation, Hybrids Race Ahead</a>
This nuanced demand scenario should be closely monitored by investors in Lithium Americas Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LAC#NYSE">LAC</a>), Piedmont Lithium Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLL#NASDAQ">PLL</a>) and MP Materials Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MP#NYSE">MP</a>). 
These companies remain crucial due to the limited domestic supply sources in the US and the prioritization of IRA-qualified materials.
ETFs such as LIT, BATT and WBAT are also sensitive to changes in lithium and rare earth market dynamics.
Investors in these companies and related ETFs should note the strategic value and geopolitical factors at play, which could sustain their market positions despite shifting demand forecasts.
<h3 class="wp-block-heading">Copper: A Shining Opportunity</h3>
Contrary to the trend in lithium and rare earths, copper demand is expected to rise due to higher HEV and PHEV sales. 
While these vehicles use less copper per unit compared to BEVs, their increasing numbers will result in a net demand increase.
Investors in the United States Copper Index Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPER#NYSE">CPER</a>) should find this particularly relevant, as copper&#8217;s uplift in demand could positively influence market prices and the fund&#8217;s performance.
Aluminum demand is unlikely to see significant long-term changes. 
However, potential short-term supply and demand fluctuations could arise if hybrid vehicle trends evolve as projected. This stability is noteworthy for those considering investments in broader commodity ETFs and funds that include aluminum exposure.
<h3 class="wp-block-heading">Investor Implications</h3>
For investors in ETFs such as LIT, BATT, WBAT and CPER, the evolving hybrid vehicle market presents both challenges and opportunities. Monitoring the demand trends for these critical metals and adjusting portfolios accordingly could enhance investment strategies and returns.
As hybrid vehicles gain traction, the demand dynamics for lithium, rare earths, copper and aluminum are set to shift. Copper stands out with a positive demand outlook, while lithium and rare earths face a more complex scenario.
Strategic domestic suppliers such as Lithium Americas, Piedmont Lithium Inc and MP Materials Corp are well-positioned despite these shifts, offering potential stability for investors.
Read Next: <a href="https://www.benzinga.com/etfs/sector-etfs/24/02/37203815/ev-battery-metal-market-faces-downturn-as-prices-plummet-whats-next-for-the-industry">EV Battery Metal Market Faces Downturn As Prices Plummet: What&#8217;s Next For The Industry?</a>

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Hybrid Vehicle Adoption: Key Implications For Lithium, Rare Earths, Copper And Aluminum Investors

<a href="https://asia.nikkei.com/Economy/Trade/China-bans-exports-of-rare-earth-magnet-technologies">https://asia.nikkei.com/Economy/Trade/China-bans-exports-of-rare-earth-magnet-technologies</a>
&nbsp;
BEIJING -- China on Thursday banned exports of technology for making rare-earth magnets and imposed other restrictions related to the vital industrial metals, in an apparent response to moves by the U.S. and Japan to reduce their reliance on Chinese suppliers.
Technologies for rare-earth ore mining, ore selection and refining are also among the items added to a list of technologies subject to export controls. Technologies related to extracting and separating rare earths and producing alloys were already banned for export.
 &nbsp;

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"China Bans Exports Of Rare-Earth Magnet Technologies; New Restrictions Also Cover Processing As Beijing Tightens Grip" - Nikkei

<a href="https://www.nasdaq.com/articles/exclusive-rare-earths-magnet-firms-turn-to-vietnam-in-china-hedge" title="https://www.nasdaq.com/articles/exclusive-rare-earths-magnet-firms-turn-to-vietnam-in-china-hedge">https://www.nasdaq.com/articles/exclusive-rare-earths-magnet-firms-turn-to-vietnam-in-china-hedge</a>
&nbsp;
Korean and Chinese magnet firms, including an Apple supplier, are set to open factories in Vietnam, according to documents and people familiar with the plans, amid a push to diversify supply chains away from China and defend against Sino-U.S. tension.
&nbsp;
South Korea&#39;s Star Group Industrial (SGI) and China&#39;s Baotou INST Magnetic would join companies in sectors as varied as electronics and automobiles in shifting assembly lines against a backdrop of increasing trade restrictions, with clients even requesting the move, the people said.
&nbsp;
China is dominant in magnets and the rare earth metals they are made from. The magnets are central to the manufacturing of such products as electric vehicles, wind turbines, weapons and smartphones, making the sector strategically important. Even so, there has been only limited effort to challenge China&#39;s lead.
&nbsp;
Neighbouring Vietnam, however, has untapped rare earth deposits second only to China&#39;s, as well as a fledgling processing industry, giving the country the potential to be a much bigger competitor, industry insiders said.
Still, Vietnam produces just 1% of the world&#39;s magnets, showed Adamas Intelligence data cited in a U.S. Department of Energy report, compared with China&#39;s 92%.
&nbsp;
Moreover, some Chinese factories can produce 10 times as many magnets as SGI&#39;s project, and China dominates the mining and processing of the ores.
&nbsp;
Nevertheless, Vietnam&#39;s rise is significant.
&nbsp;
Moreover, U.S. officials have signalled growing interest in Vietnam&#39;s rare earths potential amid discussion to upgrade bilateral ties this year, and South Korea signed a deal with Vietnam in June to boost its supply chain of critical minerals.
&nbsp;
Magnet makers are also drawn to Vietnam by low labour costs and market access afforded by multiple free-trade deals. They also want to move closer to Vietnam-based clients, such as automakers and electronics firms, which are increasingly wary of over-reliance on Chinese supplies as relations worsen between Washington and Beijing, industry insiders said.
&nbsp;
Vietnam is the only country beyond China with all stages of the magnet supply chain, from mining rare earths to downstream production, said a Vietnam-based industry consultant, who was not authorised to speak to media so declined to be identified.
&nbsp;
The government plans a vast expansion of rare earths production by the end of the decade and is boosting refining capacity, which the U.S. energy department estimated accounts for 3% of the global share.
However, &quot;anyone who is trying to build from scratch a mine-to-magnet supply chain is going to face a lot of challenges,&quot; said David Merriman of Project Blue.

Macro Economic Events

Economics

'Rare Earths Magnet Firms Turn To Vietnam In China Hedge' - Nasdaq

<a href="https://asia.nikkei.com/Business/Materials/Japan-and-Saudi-Arabia-seek-joint-rare-earth-investments" title="https://asia.nikkei.com/Business/Materials/Japan-and-Saudi-Arabia-seek-joint-rare-earth-investments">https://asia.nikkei.com/Business/Materials/Japan-and-Saudi-Arabia-seek-joint-rare-earth-investments</a>
&nbsp;
&nbsp;Japanese Prime Minister Fumio Kishida and Saudi Arabian Crown Prince Mohammad bin Salman are expected to agree Sunday on joint investments to develop rare-earth resources, Nikkei has learned, as Tokyo seeks to reduce its reliance on countries like&nbsp;China for key minerals.
Kishida is visiting Saudi Arabia as part of a tour of the Middle East.&nbsp;&nbsp;
As part of the agreement, a memorandum of cooperation will be signed soon by&nbsp;Japan&#39;s Ministry of Economy, Trade and Industry, the state-backed&nbsp;Japan Organization for Metals and Energy Security (JOGMEC) and Saudi Arabia&#39;s&nbsp;Ministry of Industry and Mineral Resources.&nbsp;
Under the deal, Japan and Saudi Arabia&nbsp;will explore resource development projects&nbsp;in third countries for joint investment.&nbsp;They hope to secure rights to key minerals, such as rare-earth metals&nbsp;used in electric vehicles. Demand for EVs is only growing amid a&nbsp;global push toward decarbonization.
Saudi Arabia is searching for new rare-earth deposits at home as part of its national strategy. JOGMEC will contribute&nbsp;technical expertise to assist Riyadh in conducting preliminary surveys.
Japan will also help accelerate the&nbsp;development of resources already being mined in Saudi Arabia, such as copper, iron and zinc.
A handful of countries, including&nbsp;China, currently&nbsp;produce&nbsp;much of the world&#39;s rare earths, as well as elements used in&nbsp;EV batteries&nbsp;like lithium and cobalt. Japan and Saudi Arabia both aim to diversify supply chains for such metals to avoid depending too heavily on any specific supplier.
Japan in particular relies on China for nearly 80% of its&nbsp;lithium hydroxide supply, and over 60% of its cobalt processing. It was forced to seek alternative suppliers when China restricted rare-earth exports to Japan following a&nbsp;2010 collision of Chinese and Japanese vessels near the Senkaku Islands, a Japanese-administered chain claimed by China as the Diaoyu.
Kishida will also be stopping at the United Arab Emirates and Qatar to meet&nbsp;with their leaders and&nbsp;affirm cooperation in energy and other fields.

'Japan And Saudi Arabia Seek Joint Rare-Earth Investments' - Nikkei Asia

LKAB has identified significant deposits of rare earth elements in the Kiruna area, metals which are essential for, among other applications, the manufacture of electric vehicles and wind turbines. Following successful exploration, the company today reports mineral resources of rare earth metals exceeding one million tonnes of rare earth oxides and the largest known deposit of its kind in Europe.

Eurozone

LKAB Announced Earlier Europe's Largest Deposit Of Rare Earth Metals Identified In The Kiruna Area

SOXL

U.S. Senator Rubio Says U.S. Should Subsidize Chips, Rare Earth Metals

UPDATE: New Rare-Earth Firm To Be Called China Rare Earth Group, Will Be Based In Resource-Rich Jiangxi Province In Southern China As Soon As This Month

China Plans Merger To Create State-Owned Rare-Earth Giant

The following post was written and/or published as a collaboration between Benzinga&rsquo;s in-house sponsored content team and a financial partner of Benzinga.
<a href="https://www.benzinga.com/etfs">Exchange Traded Funds</a> (ETFs) are excellent tools to help investors gain exposure in specific sectors on the <a href="https://investmentfirms.com/how-does-the-stock-market-work/">stock market</a>. Here are the highest performing ETFs this week that you should watch out for.&nbsp;
<h3>1. &nbsp;Direxion Daily Small Cap Bear 3X Shares - Up 526.87% Over 1 Month</h3>
Direxion Daily Small Cap Bear 3X Shares (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tza#NYSE">TZA</a>) offers three times leveraged exposure to companies in the Russell 3000&reg; Index. This stock uses ETF and index swaps that provide inverse or short leveraged exposure to the Index. Their 1 month price performance is up to 16.55% with an average trading volume of 6.37 million units.&nbsp;
<h3>&nbsp;2. Direxion Daily Financial Bear 3X Shares - Up 439.35% Over 1 Month&nbsp;</h3>
Direxion Daily Financial Bear 3X Shares (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/faz#NYSE">FAZ</a>) is a subset of the Russell 1000&reg; Index. It focuses on measuring the performance of the securities classified in the financial services sector of the large-capitalization U.S. equity market. It invests in swap agreements, futures contracts, and short positions that provide leveraged exposure to the index equal to at least 80% of the fund&#39;s assets. Their shares declined by 1% on Thursday along with many other stocks in the financial sector.
<h3>3. Direxion Daily Retail Bull 3x Shares - Up 42.08% Over 1 Month</h3>
Direxion Daily Retail Bull 3x Shares (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/retl#NYSE">RETL</a>) seeks daily investment results, before fees and expenses, of 300% of the performance of the S&amp;P Retail Select Industry Index. The index is a modified equal-weighted index that measures the performance of the stocks that are classified in the GICS retail sub-industry. They recently declared a dividend of $0.0280 per share and their net assets equal 74 million.&nbsp;
<h3>4. Breakwave Dry Bulk Shipping ETF - Up 38.72% Over 1 Month</h3>
Breakwave Dry Bulk Shipping ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bdry#NYSE">BDRY</a>) is an exchange-traded commodity that provides exposure to the charter rate of freight futures. It tracks an index of long-only exposure for dry bulk freight futures contracts. Breakwave is one of the top performing ETFs due to shipping numbers being up 124% this year.
<h3>5. VanEck Vectors Rare Earth/Strategic Metals ETF - Up 31.76% Over 1 Month</h3>
VanEck Vectors Rare Earth/Strategic Metals ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/remx#NYSE">REMX</a>) allows investors to participate in the rare earth metals industry. It tracks the performance of companies that produce, refine, and recycling of rare earth metals and materials. Their YTD Daily Total Returns are up to 10.30% with net assets that equal 672.22 million.&nbsp;
The preceding post was written and/or published as a collaboration between Benzinga&rsquo;s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.

BDRY

RETL

Let's Take A Look At This Weeks Highest Performing ETFs

The following post was written and/or published as a collaboration between Benzinga&rsquo;s in-house sponsored content team and a financial partner of Benzinga.
If a <a href="https://investmentfirms.com/third-stimulus-check/">third stimulus check</a> is headed your way, investing that money in an <a href="https://www.benzinga.com/etfs">exchange-traded fund</a> (ETF) could potentially pay off. ETFs are lower-risk investments that offer low management fees and allow investors to diversify their portfolios. Here are the highest performing ETFs this week that you should be watching out for.&nbsp;
<h3>1. &nbsp;Direxion Daily Small Cap Bear 3X Shares - Up 526.87% Over 1 Month</h3>
Direxion Daily Small Cap Bear 3X Shares (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tza#NYSE">TZA</a>) offers three times leveraged exposure to companies in the Russell 3000&reg; Index.&nbsp; It invests in financial instruments that provide inverse or short leveraged exposure to the Index. They&#39;re up 9.14% today and their net assets equal 390.96M.&nbsp;
<h3>&nbsp;2. Direxion Daily Financial Bear 3X Shares - Up 439.35% Over 1 Month&nbsp;</h3>
Direxion Daily Financial Bear 3X Shares (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/faz#NYSE">FAZ</a>) is a short-term trading tool that uses ETF and index swaps that provide inverse or short leveraged exposure. This index is a subset of the Russell 1000&reg; Index. It focuses on measuring the performance of the securities classified in the financial services sector of the large-capitalization U.S. equity market. This fund has 3,903,350 shares outstanding and dropped by 2.3% on Thursday.
3. Direxion Daily Retail Bull 3x Shares - Up 45.99% Over 1 Month
Direxion Daily Retail Bull 3x Shares (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/retl#NYSE">RETL</a>) seeks daily investment results, before fees and expenses, of 300% of the performance of the S&amp;P Retail Select Industry Index. The index is a modified equal-weighted index that measures the performance of the stocks that are classified in the GICS retail sub-industry. The retail sector has been performing well and is up 54% so far this week due to consumers shopping more.&nbsp;
<h3>4. MicroSectors U.S. Big Oil Index 3X Leveraged ETN - Up 40.20% Over 1 Month</h3>
MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nrgu#NYSE">NRGU</a>) is seeking a return of the notes to be linked in three-times leveraged participation of this stock&#39;s daily performance. The index is an equal-dollar weighted index that represents the 10 U.S. listed stocks with the largest market capitalization in the energy/oil sector. They are up 2.75% and their total net assets equal $448.700M.
<h3>5. VanEck Vectors Rare Earth/Strategic Metals ETF - Up 31.76% Over 1 Month</h3>
VanEck Vectors Rare Earth/Strategic Metals ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/remx#NYSE">REMX</a>) tracks the performance of companies involved in producing, refining, and recycling of rare earth and strategic metals and minerals. REMX offers investors the opportunity to participate in the rare earth metals arena, with much less risk involved.&nbsp;
The preceding post was written and/or published as a collaboration between Benzinga&rsquo;s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.

NRGU

Let's Take A Look At This Weeks Highest Performing ETF

China's Industry Ministry Announced Sets First Batch of 2021 Rare Earth Mining Output Quota at 84K Tonnes; Up 27% YoY

<a href="https://www.bloomberg.com/news/articles/2021-01-16/blankfein-called-it-now-the-whole-world-is-watching-commodities?sref=TBDibEcD">Bloomberg </a>this weekend reported on the boom that is taking shape in the commodities markets.
What Happened: Investors are moving from the bull market in stocks to areas further afield in search of returns in a very-low interest rate environment.
&quot;Commodities haven&rsquo;t been this sexy since the mid-2000s, when China was stockpiling everything from copper to cotton,&quot; Bloomberg reports.
The story points to several developments:
<ul>
<li>JPMorgan Chase &amp; Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/jpm#NYSE">JPM</a>) recommending a move away from bonds toward materials</li>
<li>Hedge fund bets at their highest levels in a decade, totalling nearly $120 billion</li>
<li>Agricultural markets also up more than 30% in the last decade</li>
<li>Corn at a seven-year high</li>
<li>Soybeans and wheat at their highest prices since 2014</li>
<li>Copper having the potential to rally&nbsp;20% to more than $10,000 a metric ton, according to Francisco Blanch, head of global commodities research at Bank of America</li>
</ul>
Quick Ways To Jump In: If this makes you itchy to get in on the action, then here are three ETFs and two copper funds that can give you exposure to metals and agriculture, which we&nbsp;gathered by asking around the Benzinga staff for some quick ways to place bets.
Note that this is by no means a comprehensive list but some simple ways to buy if you believe these commodities will continue their rise.
<ul>
<li>Invesco DB Agriculture Fund (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dba#NYSE">DBA</a>) With $691.8 million in assets under management, this is one of the largest ETFs that holds actual agricultural commodities. Its 26-week return rate stands at&nbsp;20.79%, according to ETF Database.&nbsp;Its share price is up&nbsp;20.79% over the past six months and closed last week at&nbsp;$16.56.</li>
<li>For an ETF that holds&nbsp;agricultural stocks, the largest is&nbsp;VanEck Vectors Agribusiness ETF&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/moo#NYSE">MOO</a>). It has $914.5 million in assets under management and &quot;the&nbsp;best ticker symbol out there,&quot; says Spencer Israel, producer of Benzinga&#39;s <a href="https://www.benzinga.com/premarket-prep/">PreMarket Prep</a>.&nbsp;It has a 26-week return rate of&nbsp;31.32%, according to ETF Database.&nbsp;It is up&nbsp;29.89% over the past six months and closed last week at&nbsp;$82.14.</li>
<li>The VanEck Vectors Rare Earth/Strategic Metals ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/remx#NYSE">REMX</a>) holds stocks of companies that produce rare earth&nbsp;metals&nbsp;such as titanium, molybdenum, cerium, manganese&nbsp;and tungsten. It has&nbsp;$421.1 million in&nbsp;assets under management. The ETF&#39;s 26-week return rate is 89.57%, and its share price closed last week at&nbsp;$72.38, up 87.90% over six months.</li>
<li>For pure copper plays, also look into the&nbsp;Barclays iPath Bloomberg Copper Subindex (NYSEARCA: JJC), which is an exchange-traded note, and the&nbsp;United States Copper Index Fund (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cper#NYSE">CPER</a>), an exchange-traded product.</li>
</ul>
Image source: Pexels

Futures

Commodities May Be The Next Big Thing; Here Are 3 ETFs To Get Started

President Donald Trump signed a new executive order to emphasize the U.S. efforts on rare earth mining.
What Happened:&nbsp;On Wednesday, Trump <a href="https://www.bloomberg.com/news/articles/2020-09-30/trump-moves-to-expand-rare-earths-mining-citing-china-threat">signed</a> an executive order to expand the production of rare earth minerals. Rare earth minerals are vital to many manufacturing sectors, including electric vehicles, missile guided systems and wind turbines.
The executive order declares a national emergency in the mining industry. The White House is ordering the Department of Defense to boost the production of rare-earth magnets.
Why It&rsquo;s Important: The U.S. is currently dependent on China for 80% of its imported rare-earth compounds and metals. There is a fear that China could restrict exports of this segment due to ongoing tariff conflicts.
Demand for rare earth minerals is expected to rise substantially. <a href="https://www.miningweekly.com/article/astronomical-rare-earth-demand-growth-forecast-2020-09-29">Mining Weekly</a> shows the sector going from $2.98 billion to $5.65 billion by the year 2030.
Metal Stocks Move: Northern Dynasty Minerals (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nak#NYSE">NAK</a>), which is working on getting a mine approved in Alaska, saw shares climb 7% to $1.04.
Piedmont Lithium (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pll#NASDAQ">PLL</a>), who saw shares boost from a Tesla Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) lithium deal, were up 8% to $25.32.
Lithium Americas Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lac#NYSE">LAC</a>) shares were up 10% to $12.50.
Westwater Resources (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wwr#NASDAQ">WWR</a>) shares climbed 18% to $2.96.
Lynas Corporation (Pink: <a class="ticker" href="https://www.benzinga.com/stock/lyscf#Pink">LYSCF</a>), who is planning a rare-earth mineral processing site in the U.S., saw shares trade 5%% higher to $1.77.
The VanEck Vectors Rare Earth/Strategic Metals ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/remx#NYSE">REMX</a>) traded higher 1% to $38.15. The ETF contains many Chinese miners in its top ten holdings.
The SPAC Miner Opportunity: Fortress Value Acquisition Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fvac#NYSE">FVAC</a>) is a SPAC <a href="https://d1qmdf3vop2l07.cloudfront.net/adroit-marten.cloudvent.net/hash-store/03ee706c0b5d714ae974dfddc829f2b7.pdf">set to merge</a> with rare earth miner MP Materials.
MP Materials is the only rare earths producer in North America and has an <a href="https://d1qmdf3vop2l07.cloudfront.net/adroit-marten.cloudvent.net/hash-store/31be44cfbec9a97d15997bb1dcff5573.pdf">existing deal</a> in place with the Department of Defense.
In April, the company signed a contract to accelerate the U.S. production of rare earth minerals. Phase 1 was to help reduce the U.S. supply chain for rare earth minerals. Upon completion of Phase 1, the DoD may award further contracts.
The merger values MP Materials at an enterprise value of $1.5 billion. The company estimates 2020 revenue to be $100 million.
MP Materials is expecting a positive adjusted EBITDA of $30 million for the 2020 fiscal year. The company expects adjusted EBITDA to hit $250 million in 2023 as production is ramped up.
SPAC King Chamath Palihapitiya<a href="https://www.benzinga.com/news/20/09/17492732/social-capital-ceo-chamath-palihapitiya-plans-spacs-from-ipoa-to-ipoz"> is part </a>of the $200 million PIPE to finance the MP Materials and Fortress Value deal.

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Fortress Value Acquisition Corp. Class A Common Stock

FVAC

LYSCF

What Investors Should Know About Trump's Rare Earth Mining Executive Order

Rare earth element stocks have been in the spotlight recently after China threatened to cut of U.S. supply as the trade war ramps up.
<a href="https://www.cnbc.com/2019/05/28/china-makes-veiled-threat-about-withholding-rare-earth-minerals.html">On Tuesday</a>, CCTV reported a &ldquo;relevant official&rdquo; from China&rsquo;s National Development and Reform Commission said China&rsquo;s next countermeasure to U.S. tariffs may involve it blocking access to rare earth metals used in technology like smartphones and computers. In 2018, China produced about 78 percent of the world&rsquo;s rare earth elements. China also owns about 40 percent of all rare earth element resources.
&ldquo;What can I tell you is that if anyone were to use products that are made with the rare earths that we export to curb the development of China, then the people of [south Jiangxi province where rare earths are mined] as well as all the rest of the Chinese people would be unhappy,&rdquo; the official said.
<h3>Experts React</h3>
Hu Xijin, editor of China&rsquo;s Global Times, also mentioned rare earth elements in a<a href="https://www.reuters.com/article/us-china-usa-rareearth/china-considers-us-rare-earth-export-curbs-global-times-editor-idUSKCN1SY1GK"> Tuesday tweet</a>.
&ldquo;Based on what I know, China is seriously considering restricting rare earth exports to the U.S. China may also take other countermeasures in the future,&rdquo; Xijin wrote.
Despite the threats, some analysts are saying it may actually be difficult for China to easily cut of its rare earth element trade with the U.S. Almost all of the rare earth elements China exports to the U.S. are embedded within technology, rather than raw elements. The amount is also relatively small, at around 4,000 tons worth about $175 million.
Still, the last time China decided to limit rare earth element exports, the price of the rare earth miners index (MVREMXTR Index) was roughly <a href="https://www.benzinga.com/trading-ideas/long-ideas/19/05/13785412/rare-earths-weaponization-its-a-thing-and-its-lifting-this-etf">nine times</a> what it is today.
<h3>How To Play It</h3>
U.S. rare earth element stocks have been volatile in trading this week. Traders who believe speculation over trade war restrictions will ultimately drive rare earth element prices and share prices higher should keep an eye on these five stocks:
<ul>
<li>Freeport-McMoRan Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fcx#NYSE">FCX</a>)</li>
<li>BHP Group Ltd (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bhp#NYSE">BHP</a>)</li>
<li>Tronox Holdings PLC (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/trox#NYSE">TROX</a>)</li>
<li>General Moly, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gmo#NYSE">GMO</a>)</li>
<li>Denison Mines Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dnn#NYSE">DNN</a>)</li>
<li>For a more diversified play, watch the VanEck Vectors Rare Earth/Strategic Metals ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/remx#NYSE">REMX</a>).</li>
</ul>
Related Links:
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/19/05/13832566/analysts-china-isnt-targeting-apple-in-trade-war">Analysts: China Isn&#39;t Targeting Apple In Trade War</a> 
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/19/05/13814286/citi-cuts-apple-price-target-iphone-estimates-on-china-concerns">Citi Cuts Apple Price Target, iPhone Estimates On China Concerns</a>

Emerging Markets

TROX

6 Stocks With Rare Earth Exposure

China's Commerce Ministry, Regarding Rare Earth Exports, Says China Willing to Meet Reasonable Demand from Other Countries

<a href="https://www.cnbc.com/2019/05/29/pentagon-working-to-reduce-us-reliance-on-chinese-rare-earth-minerals-after-trade-war-threat.html?__source=twitter">https://www.cnbc.com/2019/05/29/pentagon-working-to-reduce-us-reliance-on-chinese-rare-earth-minerals-after-trade-war-threat.html?__source=twitter</a>

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UPDATE: 'Pentagon working to reduce US reliance on Chinese rare earth minerals after trade war threat' -CNBC

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