VanEck Rare Earth and Strategic Metals ETF Shs Thailand Depositary Receipts Repr 1 Sh
SSET:REMX031.80
THB
-0.02
(-1.10%)
ISIN
TH0241121407
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- Sector
- Miscellaneous
- Industry
- Investment trusts
- Address
- United States
- Similar Companies
- Business
- VanEck Rare Earth and Strategic Metals ETF Shs Thailand Depositary Receipts Repr 1 Sh (SET: REMX03) is an exchange-traded depositary receipt issued by Pi Securities Public Company Limited that provides Thai retail and institutional investors with local-currency access to the performance of the U.S.-listed VanEck Rare Earth and Strategic Metals ETF (NYSE Arca: REMX). Headquartered in Bangkok, Thailand, the issuer Pi Securities Public Company Limited operates as a securities brokerage and financial services firm, tracing its capital market heritage to 1966 with incorporation in 2000 and controlling ownership held by Webull Holdings (Singapore) Pte. Ltd., while the underlying fund is sponsored and managed by Van Eck Associates Corporation, founded in 1955 and headquartered in New York, United States. Traded on the Stock Exchange of Thailand in Thai Baht at a conversion ratio of 1,000 depositary receipts to one underlying ETF share, the instrument eliminates cross-border trading complexities and offshore custody requirements. The underlying fund seeks to replicate the price and yield performance of the MVIS Global Rare Earth/Strategic Metals Index, holding equity securities of global enterprises engaged in the exploration, mining, refining, and recycling of critical minerals; core underlying product and commodity exposures include upstream and midstream production of rare earth elements, neodymium, praseodymium, dysprosium, terbium, lithium, cobalt, nickel, titanium, and tantalum used in electric vehicles, permanent magnets, wind turbines, aerospace, and high-technology applications; primary underlying portfolio holdings comprise global mining and chemical processors such as Pilbara Minerals, Albemarle Corporation, Lynas Rare Earths, MP Materials, and China Northern Rare Earth Group across operations in Australia, the United States, China, Latin America, and Europe. In latest major company and security developments, Pi Securities officially issued and listed the REMX03 depositary receipt on the Stock Exchange of Thailand in March 2026 as part of a targeted expansion of thematic foreign investment vehicles in the domestic market. This product launch coincided with the strategic acquisition and corporate reorganization of Pi Securities under Webull Holdings (Singapore) Pte. Ltd., modernizing the brokerage firm's digital execution platform and global asset access capabilities. In parallel, the underlying VanEck ETF has implemented ongoing portfolio rebalancings to reflect structural shifts in global critical mineral supply chains, strategic stockpiling initiatives, and government-backed clean energy policies.