The Global X Lithium ETF targets the largest and most liquid lithium battery producing, mining and refining companies in the world.
http://www.globalxfunds.com/commodities/lit/ - 04/26/15 16:06:13 - 03/15/12 03:22:58
An essential component in the advancement of alternative energy is the ability to efficiently store power. Renewable energy sources such as solar and wind require generated electricity to be stored because they provide power inconsistently throughout the day. Overhauling the transportation industry to run on electricity, rather than gasoline, requires enough energy storage to power vehicles for hundreds of miles. To meet these energy storage demands, advanced batteries are made from Lithium. The Global X Lithium ETF is a diversified option to invest in the full lithium cycle, from mining and refining the metal, through battery production. This gives investors more direct exposure to lithium prices, with additional diversification across lithium miners and battery producers.
Lithium Battery Demand to Drive Growth The worldwide consumption of lithium (in lithium carbonate equivalents or LCE) was estimated to be around 137,270 metric tons in 2012, up 7.5% since 2011. Consumption is anticipated to increase to 190,000 metric tons LCE by 2015 and 280,000 metric tons LCE by 2020. (Source: U.S. Geological Survey, 2013) In 2012, the global lithium-ion battery market was worth $11.7 billion and accounted for 27% of the global lithium consumption. The lithium-ion battery market is expected to grow to $22.5 billion by 2016, contributing over 75% of the total demand growth for the metal. (Source: Roskill Information Services, Frost & Sullivan, 2013)
Lithium Battery Demand to Drive Growth Electric vehicles, which account for nearly 6% of total lithium consumption, are expected to grow from 1.4 million units sold in 2012 to 3.8 million by 2020. (Source: Pike Research Report, S&P Capital IQ report, 2013) Automotive and industrial applications of lithium batteries accounted for 36% of the total lithium batteries market. The demand for lithium from these segments is expected to grow at annualized rates of 37% and 18% respectively, from 2012 to 2016. (Source: Frost & Sullivan, 2013)
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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