A Big Holding in Lithium ETF is Looking to Boost Output
May 10, 2019 at 07:00 AM EDT
Albemarle Corp. (NYSE: ALB), the second-largest holding in the Global X Lithium & Battery Tech ETF (NYSEArca: LIT), is looking to increase lithium output in Chile. That could be a sign producers are expecting lithium demand to increase. LIT, which is nearly nine years old, tracks the Solactive...