Increased Production by Tesla Could Lift Uranium ETF

Markets ETF Trends

The Global X Lithium ETF (NYSEArca: LIT) is up more than 40% over the past year. With Elon Musk’s Tesla Motor (NASDAQ: TSLA) planning to ramp up production, lithium prices are expected to continue rising, which could be a boon for LIT. LIT tracks a diversified group of companies involved in the “full lithium cycle,”…Click to read more at ETFtrends.com.

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