However, rare earth metals have been falling over the past three years. Other countries began developing their own supplies and many countries, including Brazil, India, the U.S. and South Africa, have all been major producers in the past. As prices increased, it became economically feasible for companies to reopen facilities. [Rare Earths Industry, ETF Up Against Rising Supply]
REMX includes a 1.8% weight toward MCP.
Market Vectors Rare Earth/Strategic Metals ETF
For more information on rare earth metal producers, visit our rare earth metals category.
Max Chen contributed to this article.