The Global X Lithium ETF seeks to provide results in lithium invest that correspond generally to the price,stock and yield performance of the Solactive Global Lithium Index.
http://www.globalxfunds.com/commodities/lit/ - 03/22/12 01:22:58 - 03/15/12 03:22:58
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"Despite uncertainties regarding worldwide GDPs growth for 2012, the lithium industry continues to show signs of strong growth. Batteries will continue driving the growth of the lithium industry: We estimate that the use of lithium in batteries will reach about 45,000 tones this year, 20.5% more that in 2011. Other applications will also show interesting growth rates: the use of lithium in lubricating greases (in the form of lithium hydroxide) will grow about 5 - 6% this year while the use of lithium in frits and glass will reach around 38,500 tones from 37,000 tones in 2011. On the supply side, 2012 will be a crucial year: several projects are going to commence production at pilot scale, while others will complete their feasibility analysis. New projects will be added to the portfolio mainly in Chile because the government is going to put out to tender 100,000 tones as Li. In this context, prices should remain stable since new capacity is being added (mainly in Australia) in order to satisfy new demand." (signumBox, February 2012)Saft Groupe SA reports 2011 fourth quarter sales, and full year sales and earnings February 2012, Source: Saft BatteriesSmith Electric Vehicles and Wanxiang Group Announce Investment and Joint Venture February 2012, Source: Smith ElectricJohnson Controls presents next-generation energy storage solutions February 2012, Source: Johnson ControlsOpel Ampera: First Customers Take Delivery February 2012, Source: OpelA123 Systems Introduces Advanced Lithium Ion Battery Designed Specifically for Military Vehicle Applications February 2012, Source: A123 SystemsElectrovaya Delivers 1.5 MWH Lithium Ion Battery-Based Energy Storage System to Arizona Public Service Company February 2012, Source: ElectrovayaPanasonic to Supply Lithium-ion Battery Cells for Ford Motor Company's Hybrid and Plug-in Hybrid Vehicles February 2012, Source: PanasonicEnvia Systems Achieves World Record Energy Density for Rechargeable Lithium-Ion Batteries February 2012, Source: Envia SystemsNational Grid Further Expands ChargePoint Network Driving EV Adoption Throughout Massachusetts February 2012, Source: Coulomb TechnologiesGalaxy Progresses Jiangsu Plant Hot Commissioning February 2012, Source: Galaxy ResourcesLI3 Energy Completes $8MM Phase One Exploration and Development Program February 2012, Source: Li3 EnergyIndependent 3D Model Confirms Size and Productive Capacity of Lithium Americas Cauchari-Olaroz Resource February 2012, Source: Lithium AmericasLithium Corporation Completes First Drill Program at San Emidio February 2012, Source: Lithium Corporation