HANetf launches Sprott Rare Earths Ex-China UCITS ETF

HANetf has launched the Sprott Rare Earths Ex-China UCITS ETF, which the launch material describes as the first UCITS ETF to give focused exposure to companies involved in rare earths production outside China. ETF Express reported the launch on 8 October.

The fund tracks the Nasdaq Sprott Rare Earths Ex-China Capped Index, which screens global companies for significant rare earths exposure measured through revenues or assets, excludes Chinese securities and rebalances quarterly. Its largest holdings are MP Materials, Lynas Rare Earths, USA Rare Earth, Sunrise Energy Metals and Neo Performance Materials.

Per USGS figures cited in the launch material, China accounts for 69 per cent of rare earth mining and 91 per cent of refining. The material says that concentration lets China use the metals as a trade lever, most recently in October 2025. Western governments have responded with price floors, financing commitments and offtake agreements, which the material presents as potentially supportive of long-term prospects for producers outside China.

One index constituent already has a US federal connection. Sunrise Energy Metals, among the largest holdings, was the subject of our August reporting on a $400 million conditional Defense Department loan, part of what we described as a $3 billion critical-minerals push.

In August, this publication argued that the AI power trade runs through commodity and critical-minerals ETFs, and this index reaches data centres, semiconductors and robotics from the materials side. The launch material does not give the fund’s fee, ticker or seed assets.