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Global X Lithium & Battery Tech ETF LIT

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Lithium Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on the securities in the underlying index. The underlying index is designed to measure broad-based equity market performance of global companies involved in the lithium industry. The fund is non-diversified.


ARCA:LIT - Post by User

Post by Stock7777on Feb 12, 2024 10:58am
29 Views
Post# 35875462

LITHIUM NEWS 7.1 million tonnes lithium

LITHIUM NEWS 7.1 million tonnes lithiumBig news, Approximately 1.3 million tonnes Lithium, or 7.1 million tonnes lithium carbonate equivalent (“LCE”) contained within 1,200 million tonnes of lithium-mineralized clay at an average grade of approximately 1,130 parts per million (“ppm”) Lithium;
Lithium cut-off values of 400 ppm Lithium and density of 1.7 grams per cubic centimetre (“gm/cm3”) were used. Only 15% of the property drilled on five holes.
Model constraints: Faults 3 and 4 (see Figure 1); a conceptualized 24 degree pit-slope, modelled from property boundaries, using a benchmark 24 degree pit-slope from several other Nevada lithium clay deposits.
TSXV: NEV, OTC: NVSGF.



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