REMX is trading at $69.66 (+3.0%) as rare-earth and strategic metals miners surge following President Trump's announcement that the U.S. will establish a critical mineral reserve.
- The sector-wide move is flowing directly into the ETF, which tracks companies involved in the production, refining, and recycling of rare-earth and strategic metals.
- Broader markets are providing additional support with higher futures and firm risk sentiment, while geopolitical headlines involving Iran are increasing the focus on supply security for critical materials.