REMX is trading 3% up today, extending a multi-day rally in rare-earth and strategic metals after the U.S. announced plans for Project Vault, a critical mineral reserve.

  • The Project Vault initiative is expected to significantly boost long-term demand expectations for critical and strategic minerals.
  • The sector's gains are further supported by a firm tone in U.S. equity futures as easing Middle East risks and solid economic data bolster risk assets.