REMX is trading at $53.65, down 3.82% in pre-market, as September CPI rose 3.7% year over year, above the 3.6% forecast, renewing Fed rate-hike concerns.

  • Wall Street’s tech-led losses carried into Asia; the KOSPI fell about 8% as chip stocks slumped.
  • Broader risk aversion likely weighs on globally exposed materials holdings; no specific rare-earth supply shock is established.