“Global demand for battery metals continues to gain momentum and the goal of this new benchmark is to provide investors increased exposure to, and deeper insights into the cleantech and energy transition story,” Loui Anastasopoulos, chief executive of the Toronto Stock Exchange, said in the statement.
The new benchmark’s top five constituent firms are Turquoise Hill Resources (TSX: TRQ), Teck Resources (TSX: TECK.B), Sierra Metals (TSX: SMT), First Quantum Minerals (TSX: FM) and Lundin Mining (TSX: LUN).
Other heavyweights to be tracked are Ero Copper (TSX: ERO), Hudbay Minerals (TSX: HBM), China Gold International (TSX: CGG), Copper Mountain Mining (TSX: CMMC) and Taseko Mines (TSX: TKO).
Last year, companies focused on critical and battery minerals accounted for more than 25% of the total equity capital raised by the mining sector on TSX and TSX-V, the exchange said.
The Canadian government its latest national budget set…
