Global X fuels green movement with lithium ETF

The new Global X Lithium ETF, listed on NYSE Arca, tracks the Solactive Global Lithium index. This underlying benchmark is designed to mirror the performance of the largest, most liquid lithium battery producing, mining and refining companies in the world. The three largest companies constituting the ETF are lithium producers SQM from Chile, and FMC Corporation and Rockwood Holdings from the US, as of July 13, 2010. Global X Funds CEO Bruno del Ama says: "The Global X Lithium ETF is an efficient way to invest in what we refer to as a "green" commodity because of its direct correlat...