Battery value chain outperforms in June
The global equity market continued its recovery in June, managing a 3% appreciation, and the S&P Global 1200 is now up 18% over the past three months and flat on a 12-month basis. The global materials subsector has bounced 26% on a three-month basis but is still in negative territory on a 12-month basis. But the battery value chain was a strong outperformer in June with all segments, except REE and Vanadium, in positive territory and our Graphite and Downstream baskets the strongest outperformers versus the ETF and Solactive Battery Value Chain index. A comparison of the performance of our...