Rare Earths Weaponization: It's A Thing And It's Lifting This ETF

“We highlight this because the last time China limited rare earth exports was 2011, and the price of the rare earth miners index (MVREMXTR Index) was 9-fold what it is today,” said Azous.

Interestingly, 2011 was the first full year of trading REMX (it debuted in October 2010) and although clamped down rare earths exports in 2011, REMX still lost more than 38 percent that year. From 2013 through 2018, REMX notched just two positive annual performances in 2016 and 2017.

The REMX ETF traded around $14.99 at the time of publication.

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