Portfolio Overview
The Critical Minerals Portfolio is designed to capture the global opportunity set in minerals essential for the energy transition, including lithium, rare earths, uranium, and copper. As of June 18, 2026, the portfolio holds 15 positions across various exchanges and market caps.
Recent Performance
Energy Fuels Inc. (UUUU) leads with a 20.96% return since its pick on June 11, 2026, driven by uranium price strength and positive news on US nuclear fuel incentives. MP Materials Corp. (MP) follows with a 13.90% return, benefiting from rare earth demand and domestic supply chain policies. All other positions show zero return as they were initiated on June 11, 2026, and have not yet traded meaningfully.
Risk Concentration
The portfolio has significant exposure to lithium (Sayona, Critical Elements, Ganfeng, Mineral Resources, Sigma, Pilbara, Vulcan, Albemarle, SQM) and rare earths (MP Materials, Lynas, Neo Performance). This concentration is intentional given the theme, but investors should monitor lithium price volatility and potential oversupply. Energy Fuels adds uranium exposure, while Ivanhoe Electric provides copper optionality.
What to Watch
- Lithium prices: Global supply growth and EV demand trends will impact lithium stocks.
- Rare earth policy: US and EU efforts to reduce reliance on China could benefit MP Materials and Lynas.
- Uranium: Nuclear energy momentum and US legislation supporting domestic production.
- Copper: Ivanhoe Electric’s project developments and copper price dynamics.
Position Review
No positions are recommended for closure. All picks align with the critical minerals theme, and recent additions have not yet had time to develop. The older picks from June 2025 (Sayona, Critical Elements, Ganfeng, Mineral Resources, Tivan) are eligible for review but show no performance data; they remain held pending further price action and fundamental updates.
Conclusion
The portfolio remains well-positioned for the energy transition. Key catalysts include policy support, supply constraints, and demand growth. Investors should maintain a long-term perspective and watch for quarterly earnings and project milestones.
Disclaimer: This is not investment advice. Past performance is not indicative of future results. All investments carry risk, including loss of principal. Consult a financial advisor before making investment decisions.