A must have - Lithium for EV vehicles

Instead of choosing individual battery company to invest, it can be a daunting task and some investors may like a broader category like LIT ETF which includes many lithium manufacturers.

For easy reference , here's the list :

All 40 Holdings
Holding
Weighting
Albemarle Corp (ALB) 18.83%
Sociedad Quimica y Minera de Chile SA (SQM) 13.12%
Tesla Inc (TSLA) 7.17%
Varta AG (VAR1:XETRA) 5.98%
GS Yuasa Corp (6674:TYO) 5.34%
Livent Corp (LTHM) 5.03%
EnerSys (ENS) 4.92%
Panasonic Corp (6752:TYO) 4.86%
Simplo Technology Co Ltd (6121:TWO) 4.78%
Samsung SDI Co Ltd (006400:KSC) 4.50%
LG Chem Ltd (051910:KSC) 4.42%
Byd Co Ltd (1211:HKG) 4.38%
Orocobre Ltd (ORE:AUX) 1.81%
Pilbara Minerals Ltd (PLS:ASX) 1.63%
Galaxy Resources Ltd (GXY:ASX) 1.35%

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chinadaily.com.cn/a/202001/13/WS5e1bcd1ba310cf3e3558415f_1.html

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Praise the Lord. Look at that bullish candle.....congrats to those who followed

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Target 1 Hit, Praise the Lord.

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Praise the Lord, it has closed above the resistance level and we can add more if we want to.

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marketwatch.com/story/michael-bloomberg-would-push-for-all-new-cars-to-be-electric-by-2035-2020-01-17?mod=home-page

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all 3 targets hit !

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who is still holding to this ETF ?

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Very very very nice !

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Praise the Lord

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this is doing very well and I expect it to continue so long as EV trends are still intact .

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Praise God as we see more players coming into this EV space which will increase the demand for batteries.

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cnbc.com/2022/01/19/geothermal-energy-could-transform-the-way-lithium-is-sourced.html

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Adding more

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bloomberg.com/news/articles/2022-04-04/the-battery-metal-really-worrying-china-is-lithium-not-nickel?srnd=premium-asia

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added more last night

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scmp.com/business/china-business/article/3221430/chinese-electric-vehicle-makers-battered-double-whammy-product-price-war-and-surging-raw-material?module=live&pgtype=homepage

dchua1969

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dchua1969