Old 12-09-2010, 12:37 PM
Sparty Sparty is offline
Join Date: Mar 2009
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Default Lithium ETF emerges.

The lithium market gets its day in the limelight as Global X Lithium an ETF will launch later this week. Global X Lithium will track lithium producers and battery makers. The idea for the fund came from R. Marcelo Claure, a Bolivian businessman and founder of Brightstar Corp a $3b distributor of hand-held devices, according to the WSJ. Bolivia contains the largest deposits of lithium so it?s no surprise that the idea for the fund came from that country. Claure, an investor in MC Capital Advisors, a hedge fund, approached Global X Management to start the ETF.

Australia has two Lithium miners operating at the moment. Talisman Lithium a non-listed compnay that operates the Greenbushes Lithium mine said to be the world's largest and highest quality hard rock lithium mine and Galaxy resources (ASX: GXY) who operate the now producing Mt Caitlin mine and are well on the way to producing the world's purest Lithium Carbonate.

My bet is that GXY will be part of the new ETF as they are the only hard rock Lithium ASX listed player from Australia and will become one of the world's top hard rock lithium carbonate producers - China's preferred form of Lithium carbonate for batteries. More posts about GXY

Read about Australian Lithium

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Old 01-18-2011, 08:27 AM
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Default Lithium ETF emerges

What does Iran know about making batteries? They cant make their own gasoline, only nuclear weapons. Perhaps nuclear powered battery, Iran can produce but not from lithium.
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Old 03-15-2011, 05:49 PM
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Default Lithium ETF emerges

Can any one tell me the proper procedures for recovering and disposing of Lithium Bromide. We have a customer who is demolishing an existing system that has an Absorption Chiller with Lithium Bromide in it and would like us to
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