Rare-Earth Magnets & Critical Minerals Supply Chain

China's licensing controls on rare earths and permanent magnets still set global access, even after September's export rebound eases near-term shortages. Non-China magnet and critical-mineral supply is a strategic bottleneck for EVs, defense and power equipment. The basket holds producers and processors of rare earths, uranium and related materials that gain from supply diversification. Catalysts: - 2026-10-20 China's rare-earth magnet exports to EU and US rebound in September, but licensing chokepoint remains (https://www.scmp.com/economy/global-economy/article/3371522/chinas-rare-earth-magnet-exports-eu-and-us-rebound-september) Launch basket (equal weight): MP, USAR, UUUU, LEU, CENX, AA, ALB, LAC, TECK Rules: 1. No inverse, leveraged or volatility ETFs. 2. Only names tradable at the enrolled brokers (Moomoo): no OTC listings, no dead tickers, nothing on the refused list.