Bringing you live news and features since 2006 

Orocobre selected in first lithium ETF

RELATED TOPICS​

Orocobre has been included in the world’s first lithium based exchange-traded fund.

The ETF, launched by Global X Funds, is designed to track performance of the largest and most liquid lithium mining, refining and battery producing companies in the world.

Managing director Richard Seville says: "Orocobre’s selection highlights the important position of Orocobre in the emerging lithium industry, and the promising outlook for Lithium as a strategic commodity.

"This is a vote of confidence in the lithium sector as a whole and follows strong support in the sector from major global motor vehicle suppliers and companies, such as our partner Toyota Tsushu.

"Investors are increasingly aware of lithium’s important role in a variety of battery applications, in particular for use in electric propulsion."

Orocobre is listed on the Australian Securities Exchange and Toronto Stock Exchange and is a lithium-potash developer in the lithium and potassium rich Puna Lithium Province of Argentina.

Latest News

REX Shares has announced a strategic reorganisation that integrates its REX Shares, MicroSectors, and T-REX products, as well as REX..
Allspring Global Investments writes that as it builds an investment platform for the future, it has filed for exemptive relief..
LSEG Lipper writes that ETF promoters in Europe enjoyed estimated net inflows (+EUR25.1 billion) for May 2024...
The European Fund and Asset Management Association (EFAMA) has published its 2024 industry Fact Book, which includes a foreword by..

Related Articles

Marcus Wayerer, Franklin Templeton
Franklin Templeton says that emerging markets are navigating a tricky environment at the moment, due to factors such as the...
Matt Barry, Touchstone Investments
Back in 2022, Cincinnati, Ohio-based Touchstone Investments launched its first four ETFs, having previously been predominantly a mutual fund company....
CN Tower, Toronto
The winners were announced in the second ETF Express Canadian awards at the event held at The Quay in Toronto,...
Darren Jordan, Komainu
Custody specialist, Komainu, was launched in 2018 as a joint venture between Nomura, digital-asset investment manager, CoinShares and blockchain business,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by