BATTERY METALS INDEX CRITERIA - EQM Indexes
BATTERY METALS INDEX CRITERIA2018-05-01T20:42:08+00:00

Battery Metals and Mining Index

BATTERY METALS AND MINING INDEX CRITERIA

CONSTITUENT ELIGIBILITY REQUIREMENTS

In order to be eligible for inclusion in the index, companies must meet the following conditions:

  • Publicly traded companies engaged in the exploration, production, development, processing, and/or recycling of the materials and metals used in advanced battery chemistries such as Lithium, Cobalt, Nickel, Manganese, and/or Graphite.
  • The Index seeks to provide exposure to companies in the battery materials supply chain that demonstrate a verifiable beneficial interest in advanced battery metals and/or mining as verified by one of the following factors:

    ownership/partnership interest in mineral deposits, resources, and/or reserves used in advanced battery chemistries,
    revenue or profit derived from the mining activity or metal processing, operations, contracts, and/or projects utilized in advanced battery chemistries, and/or
    investment and/or economic share in companies engaged in mining activity or metal processing, operations, contracts, and/or projects utilized in advanced battery chemistries.

  • Listing on a regulated stock exchange in the form of shares tradable for foreign investors without restrictions.
  • Market capitalization of at least 100 million USD.
  • Average daily trading volume of at least 1,000,000 USD over the last six months.
  • Adequate constituent liquidity and accessibility for an exchange listed product as determined by the Index Provider.
  • Non-US companies will be U.S. exchange traded ADR versions if available, provided their liquidity is comparable to locally traded shares.