Sprott Rare Earths Ex-China ETF

REXC

Market cap $2.18M

In recent months, there has been a lot of discussion about the importance of amplifying the domestic production and supply chains for rare earths in the United States. Given that China maintains a significant hold over the global market, the U.S. looking to increase its own rare earths presence makes a good deal of sense.

• Sprott Rare Earths Ex-China ETF shares are trending higher. Why is REXC stock advancing?

A clean energy transition and a global push to bolster advanced defense technological capabilities is putting rare earths at the forefront of geopolitical strategy. In the rare earths supply chain, China has been the dominant player in this space.