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ETF Buyers Snap Up Lithium as China Fuels Electric-Car Race

  • Global X Lithium ETF more than tripled its assets this year
  • ‘This is just going to be an electric-vehicle world’: Global X
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China's Push Into the Electric-Vehicle Market

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The third-best performing exchange-traded fund tracking material producers got a jolt from China after the country said it will set a deadline for automakers to end sales of fossil-fueled vehicles.

Global X Lithium & Battery Tech ETF climbed as much as 5.1 percent Monday to $36.09, the highest in more than six years, as its biggest holdings FMC Corp., Soc. Quimica & Minera de Chile SA, Samsung SDI Co. and Tesla Inc. rallied.