VanEck Rare Earth and Strategic Metals ETF is trading at $98.08 (+2.7%) as a tentative U.S.–Iran peace agreement eases energy-supply fears and fuels a broad risk-on rally across industrial materials.

  • The ETF is extending its rebound from the June 12 close of $95.50, with rare-earth and strategic-metals names benefiting from improved global sentiment and lower crude prices.
  • The move appears primarily macro-driven rather than stock-specific, as materials-related assets and the wider market are both firming on the same geopolitical catalyst.