A Big Holding in the Lithium ETF is Forecasting Robust Demand
This article was originally published on ETFTrends.com.
Chile’s Chemical and Mining Society (SQM), the world’s second-largest lithium producer and a major holding in the Global X Lithium & Battery Tech ETF (NYSEArca: LIT), an exchange traded fund dedicated to companies in the lithium supply cycle, is forecasting strong demand for the raw material. LIT, which is nearly nine years old, tracks the [...]