The Nasdaq Sprott Energy Transition Materials™ Index fell 4.66% in May to close the month at 879.27. The Index remains in a broad consolidation trade range (see Figure 1). Lithium and lithium miners staged a sharp rebound rally, but copper and copper miners were weighed down by disappointing data from China, ongoing global growth concerns and the U.S. debt ceiling drama. China's economy was expected to rebound following the end of its zero-COVID policy in December and the completion of its regulatory reform this year, but signs of economic recovery are now limited, particularly within China's industrial sector. ... (full story)