Rare Earth ETF Jumps On China News (REMX)
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With the surge in rare earth stocks today on news that China is China is cutting its rare earths export quoata by more than 10 percent next year, the sector ETF is seeing upside action. Rare Earth/Strategic Metals (NYSE: REMX) is up 6.3 percent today with the sector action.
The benchmark of Rare Earth/Strategic Metals has 24 securities of companies with a market capitalization range of between approximately $157 million and $370 billion and an average market capitalization of $1.2 billion.
Stocks that trade in the U.S. and are included in the benchmark index:
Rare Element Resources Ltd. (AMEX: REE)
Titanium Metals Corporation (NYSE: TIE)
RTI International Metals, Inc. (NYSE: RTI)
Molycorp, Inc. (NYSE: MCP)
General Moly, Inc. (AMEX: GMO)
Thompson Creek Metals Company Inc. (NYSE: TC)
The benchmark of Rare Earth/Strategic Metals has 24 securities of companies with a market capitalization range of between approximately $157 million and $370 billion and an average market capitalization of $1.2 billion.
Stocks that trade in the U.S. and are included in the benchmark index:
Rare Element Resources Ltd. (AMEX: REE)
Titanium Metals Corporation (NYSE: TIE)
RTI International Metals, Inc. (NYSE: RTI)
Molycorp, Inc. (NYSE: MCP)
General Moly, Inc. (AMEX: GMO)
Thompson Creek Metals Company Inc. (NYSE: TC)
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