Diversified portfolios of rare earth minerals. As market prices change, the quantity of each mineral adjusts dynamically to maintain target allocation percentages.
The world's leading quantum computing platforms — IBM Quantum, Google, IonQ — are converging on rare earth ion-based qubit architectures. Ytterbium and erbium ions offer the coherence times and optical transition wavelengths required for scalable quantum processors. These are not research curiosities. They are the leading candidates for the hardware that will underpin the next generation of computation.
Scandium-aluminium nitride is the piezoelectric material enabling the next generation of ultra-high-frequency MEMS filters in every 5G and 6G device. The smartphone already contains ScAlN components. The frequency requirements of 6G will make them universal.
Lutetium oxide at 99.999% purity is the scintillator material in the detectors at CERN and in the PET scanners advancing oncology diagnostics. Holmium is at the frontier of single-ion magnet research — the basis for molecular-scale quantum memory.
The Emerging Technology Basket is not a short-term trade. It is a long-conviction position in the materials that will define the decade after next — acquired today at research-grade availability, before commercial-scale demand is established.
Our five-year projection targets 360% growth — the highest of all eight baskets — from $15,000 to an indicative $69,000 by 2031. This is also explicitly our highest-risk projection. Quantum commercialisation timelines are uncertain. This is the speculative allocation within a broader rare earth portfolio.
$15,000 entry. Maximum upside. Appropriate position sizing. For the investor who understands that the biggest returns come from owning the right materials before the world realises it needs them.
Cerium oxide is used to polish the glass of almost every building, vehicle windscreen, and precision optical instrument manufactured globally. It is in the polishing slurry applied to every smartphone screen before it leaves the factory. Global glass production exceeds 170 million tonnes annually. Cerium is not optional.
Lanthanum is embedded in the fluid catalytic cracking catalyst used in virtually every oil refinery operating today. Mischmetal — a mixed rare earth alloy — is added to steel to control sulphur content, improve tensile strength, and resist high-temperature oxidation. Steel mills across India, Southeast Asia, and the Middle East are expanding capacity rapidly. Mischmetal demand is growing with them.
These are workhorse industrial functions. Not exotic. Not speculative. Consistent, growing, global, and with no credible alternatives in any of the applications that matter commercially.
The Industrial Manufacturing Basket with 50 components is our most accessible mid-tier position at $20,000 minimum entry. It is designed as the anchor allocation — broad rare earth exposure with a lower price volatility profile than the heavy rare earth baskets, appropriate for investors who want to establish a core position before adding more concentrated exposure.
Our five-year projection targets 265% growth — from $20,000 to an indicative $73,000 by 2031. Deliberately conservative, reflecting the more transparent pricing of light rare earths. The basket's strength is in volume, consistency, and breadth — 50 elements with genuine global industrial demand and no substitutes. A foundation worth owning.
Gadolinium-based contrast agents are administered in over 10 million MRI scans every year. Without gadolinium, modern diagnostic medicine loses one of its most powerful tools.
In 2022, lutetium-177 PSMA therapy received approval for metastatic prostate cancer. It is now transforming oncology outcomes — and creating lutetium demand at levels the market has never seen. Lu-177 supply is constrained, production is specialist, and the clinical pipeline for additional Lu-177 indications is extensive.
Yttrium-90 microspheres are the standard of care for liver cancer radioembolisation. Holmium and erbium lasers are embedded in procedures from kidney stone lithotripsy to dermatological resurfacing. The Medical Basket is perhaps the most defensible of all eight — medical applications are non-cyclical, regulatory-protected, and driven by ageing populations in the world's wealthiest countries.
Consider the demographic reality: OECD nations are experiencing the fastest growth in over-65 populations in recorded history. Demand for imaging, surgical, and oncology procedures is not a trend. It is arithmetic.
The Medical Basket — gadolinium, lutetium, yttrium, holmium, erbium and 45 others — offers the most defensible demand profile of any basket at the most accessible premium price point.
Our five-year projection targets 293% growth — from $28,000 to an indicative $110,000 by 2031. For investors seeking rare earth exposure with a non-cyclical demand anchor, Medical is the basket.
Pick up your phone. Look at it for a second.
The red in that display comes from europium. The green from terbium. The glass it sits behind was polished with cerium oxide. The memory chip processing your data uses gadolinium in its dielectric layers. You are holding four rare earth elements right now.
This is not a future application. It is the present reality of every consumer electronics device manufactured globally for over two decades.
What changed in 2026 is access.
China's export control regime introduced a content-threshold rule requiring downstream producers to certify the origin of every rare earth atom in their finished goods. European display manufacturers saw europium and terbium prices surge within weeks. Semiconductor fabs began renegotiating gadolinium supply contracts at premiums.
Global consumer electronics spending was at $977 billion in 2025. That market does not contract. It diversifies, upgrades, and expands into new device categories. Every layer of that expansion requires 50 of the elements that are in this basket.
The Consumer Technology Basket — europium, terbium, cerium, gadolinium, ytterbium — is the most broadly diversified of our three core offerings. No single element dominates. 50 structural demand positions across display, semiconductor, and optics manufacturing.
Our five-year projection targets 283% growth — from $35,000 to an indicative $144,000 by 2031. Broad exposure. Structural demand. A supply regime tightening in real time. That is the case for consumer technology rare earths today.
A single 3MW offshore wind turbine contains approximately 600 kilograms of neodymium-praseodymium alloy in its permanent magnet generator.
Global offshore wind installations added over 20 gigawatts in 2024 alone. The IEA projects renewable electricity generation increasing 60 percent by 2031. The EU's wind capacity target requires adding 560GW of new capacity annually through the decade. Each gigawatt of direct-drive offshore wind requires roughly 200 tonnes of NdPr alloy.
Yttrium-stabilised zirconia is the electrolyte of choice for solid oxide fuel cells powering grid-scale hydrogen energy systems — the technology at the centre of Europe's hydrogen strategy and Japan's energy independence programme.
Every element in the Clean Energy Basket has a direct, measurable role in systems that governments across Europe, North America, and Asia-Pacific are mandating at scale. This is not speculative demand. It is contracted, subsidised, and legally mandated.
The Clean Energy Basket — projects 274% growth over five years, from $42,000 to an indicative $157,000 by 2031.
This is a moderately conservative projection relative to the Defense and Aerospace baskets — NdPr pricing is more widely reported and partially market-priced. The upside case is driven by the sheer scale of wind turbine magnet demand, which the IEA describes as the single largest driver of rare earth demand growth through 2040. The energy transition is not a trend. It is infrastructure.
In 2023 we stood inside a neodymium processing facility outside Baotou, Inner Mongolia. Processing ponds stretching to the horizon. Refining lines running around the clock. And at the end of it — a fine grey powder that ends up inside the motor of almost every electric vehicle manufactured anywhere in the world.
A single EV motor requires approximately 2 kilograms of neodymium-praseodymium alloy. Global EV sales exceeded 40 million units in 2024. Analysts project 80 million by 2030. The demand trajectory is not in question. The supply side is.
Since China's 2025 export controls, processed NdPr reaching Western motor manufacturers has tightened in ways the market hasn't fully priced yet. That gap — between current spot pricing and the structural supply deficit building underneath — is exactly where patient investors have historically done well.
The EV Basket is built around 50 elements at the direct intersection of EV demand and supply restriction: neodymium, praseodymium, dysprosium, lanthanum, and cerium. Each is physically allocated in your name in our European vault.
Our five-year projection targets 295% growth — from $45,000 to an indicative $178,000 by 2031. No fund manager between you and the asset. No tracking error. No counterparty. Physical metal, allocated, insured, and documented.
The electrification megatrend is not a hypothesis. It is policy, infrastructure, and capital expenditure running simultaneously across every major economy. The rare earths that make it possible are increasingly controlled by one country. That is the investment case.
Every commercial aircraft flying today carries yttrium-stabilised thermal barrier coatings on its turbine blades. Without them, the blades would melt within hours at operating temperature. That is not a future engineering problem. It is the present operating reality of every turbofan engine in the sky.
Every satellite in the rapidly expanding low earth orbit constellations uses samarium-cobalt magnets for attitude control — chosen specifically because Sm-Co performs at the temperature extremes of orbital operation that neodymium-iron-boron cannot tolerate.
Scandium-aluminium alloys are reducing rocket airframe weights by up to 15 percent, directly lowering launch costs for an industry where every kilogram is priced in thousands of dollars. SpaceX, ESA, and JAXA have all incorporated Al-Sc components into active programs.
Global air traffic rebounded 36.9% in 2023. LEO satellite constellations are in full commercial deployment. The space economy is projected to reach $1 trillion by 2030. Every layer of this expansion runs on rare earth elements that have no credible substitute.
The Aerospace Basket — scandium, yttrium, samarium, erbium, holmium and 45 others — targets a projected return of 302%, reaching an indicative $221,000 from a $55,000 entry by 2031.
The premium reflects scandium — an element with deeply constrained global supply, no established recycling infrastructure, and simultaneous demand growth from aviation, space, and defence. For investors with a longer horizon and higher conviction, the Aerospace Basket is the standout allocation.
In April 2025, China issued formal export controls on terbium, dysprosium, samarium, and yttrium — the metals inside every precision-guided munition, naval sonar system, and jet turbine operating in the Western world. Not a warning. A policy. Overnight, NATO defense contractors faced supply timelines they couldn't plan around.
Here is what most people still don't understand: there is no Western substitute. No Western facility processes heavy rare earths at commercial scale. The earliest credible timeline for meaningful non-Chinese production is 2028. That is a three-year window in which demand is structurally rising and supply is formally constrained.
Governments are responding. The US Department of Defense has committed $439 million under the Defense Production Act specifically to secure rare earth supply chains. NATO member states are establishing strategic reserves. The institutional money has already moved.
The Defense Basket gives private investors direct physical exposure to the same 50 elements — dysprosium, terbium, samarium, yttrium, and holmium and more — stored in your name in a bonded European facility, insured at full replacement value.
Our five-year projection targets 296% growth — an indicative exit value of $297,000 from a $75,000 entry by 2031. That projection is grounded in three compounding forces: progressive Chinese supply restriction, accelerating Western defense expenditure at post-Cold War highs, and a processing capacity gap that cannot close quickly.
The window between smart money and mainstream recognition is where returns are made. That window is open right now.
Browse our strategic rare earth baskets and build your portfolio of rare earth elements essential for future technologies.
