The growing focus on reducing our society’s dependence on oil, intensifying global warming, and the proliferation of mobile consumer devices has created unprecedented demand for alternative energy storage solutions, and a key component in the advancement of this sector is lithium, a metal with unique chemical and physical attributes that result in significant energy storage capabilities.

To take advantage of this burgeoning trend, MC Capital partnered with New York-based Global X Funds to launch the first lithium-focused exchange traded fund (ETF): the Global X Lithium ETF. The ETF trades in the New York Stock Exchange under the ticker “LIT” and offers global retail and institutional investors exposure to a basket of firms engaged in different sectors of the lithium value chain, from mining and refining to battery production.