The ETF does not make much sense for any class of investor.A Lithium investor would be better off investing in Rockwood,SQM and FMC with appropriate offsetting positions in the agri and speciality chemicals sector.A Battery Investor should invest in BYD,A123 Systems,Ener1 etc. rather than Sanyo,Exide and Cosco.Also a lot of the companies in the ETF have never made profits and are high risk in nature while stable holdings like Rockwood,SQM are expensively valued at the moment.I would advise against investing in this pseudo Green ETF which is only masquerading as a Lithium ETF.
President Obama has said that USA expects to capture 40% global marketshare of the EV/Battery Industry by 2015.This claim is predicated on the Massive Subsidies that DOE has recently given to Battery Companies.This will help in increasing the USA marketshare from 2% last year to 40% by 2015.However this claim by Obama looks to be […]
Now it has become easier to invest in this metal with the launch of an ETF dedicated to Lithium alone.This ETF which is being launched by Global X Management with tracks stocks of electric vehicle producers and battery makers.I am not a fan of the Lithium Battery makers or Electric Vehicle producers
The United States could fall behind China and other countries in clean energy technology unless Congress passes energy legislation, U.S. Commerce Secretary Gary Locke said on Saturday– Reuters While the Commerce Secretary is “only thinking” that the US could fall far behind ,The Reality is that US is already far behind in the Solar and […]
The market for making batteries for electric vehicles is seeing more and more entrants making the competition in this nascent sector quite intense.The competition is being seen between both established companies like Sanyo,LG and now Toshiba with a number of startups like A123 Systems,Valence Technology , that are competing with each other to grab an […]