Climate Changed
Electric Car Demand Boosts Companies Engaged With Lithium
- Global X Lithium fund has outperformed benchmark indexes
- Investment surges in mining and processing the metal
A charging plug recharges the Nissan Leaf electric vehicle.
Photographer: Mark Elias/BloombergThis article is for subscribers only.
Lithium demand is surging, boosting shares of the companies linked to mining and manufacturing the light metal used in electric-car batteries.
Global X Lithium & Battery Tech, an exchange-traded fund of the 27 biggest companies linked to the light metal, has increased 65 percent in the past 18 months, outperforming stock indexes of all the world’s most-developed economies, according to data compiled by Bloomberg.