In today’s briefing:
- MV Global Rare Earth/Strategic Metals Index Rebalance: One Add, One Delete & Other Changes
MV Global Rare Earth/Strategic Metals Index Rebalance: One Add, One Delete & Other Changes
- Vulcan Energy Resources (VUL AU) will be added to the VanEck Rare Earth/Strategic Me (REMX US) while Tianqi Lithium (9696 HK) will be deleted from the index.
- Constituent changes, float changes and capping changes result in an estimated one-way turnover of 2.5% and in a round-trip trade of US$37m.
- The largest inflows will be in Vulcan Energy Resources (VUL AU), Lynas Corp Ltd (LYC AU), Ganfeng Lithium (1772 HK) and Tronox Holdings (TROX US).