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        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EVE Energy Co., Ltd.</name>
        <lei>300300FTCIO530XV7T38</lei>
        <title>EVE ENERGY CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000GS4"/>
        </identifiers>
        <balance>7043488.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.27320000"/>
        <valUSD>39782556.10000000</valUSD>
        <pctVal>4.574394470229</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MINERAL RESOURCES LIMITED</name>
        <lei>5299007V1ACKFFX2P066</lei>
        <title>MINERAL RESOURCES LTD COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MIN4"/>
        </identifiers>
        <balance>1424220.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.56287000"/>
        <valUSD>18763358.31000000</valUSD>
        <pctVal>2.157503461578</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IGO LIMITED</name>
        <lei>2549005DZO8VGXM5QN07</lei>
        <title>IGO LTD COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000IGO4"/>
        </identifiers>
        <balance>5712145.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.56287000"/>
        <valUSD>14327236.69000000</valUSD>
        <pctVal>1.647416322964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAMSUNG SDI CO., LTD.</name>
        <lei>9884002AESDO4YW87G32</lei>
        <title>SAMSUNG SDI CO LTD COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7006400006"/>
        </identifiers>
        <balance>170846.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1421.50000000"/>
        <valUSD>21152934.22000000</valUSD>
        <pctVal>2.432268682833</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LG ENERGY SOLUTION, LTD.</name>
        <lei>988400QX6P286XA6ZS85</lei>
        <title>LG ENERGY SOLUTION COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7373220003"/>
        </identifiers>
        <balance>143781.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1421.50000000"/>
        <valUSD>32822324.66000000</valUSD>
        <pctVal>3.774072737995</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TDK CORPORATION</name>
        <lei>3538005O8WNU39U8NX03</lei>
        <title>TDK CORP COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3538800008"/>
        </identifiers>
        <balance>3429890.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="142.64000000"/>
        <valUSD>36585653.64000000</valUSD>
        <pctVal>4.206798861286</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BNYREPOS</name>
        <lei>N/A</lei>
        <title>BNYREPOS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="BNYREPOS"/>
        </identifiers>
        <balance>36823840</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36823840</valUSD>
        <pctVal>4.234186703468</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="N/A" name="BNYREPOS"/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>Y</isTriParty>
          <repurchaseRt>4.36</repurchaseRt>
          <maturityDt>N/A</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>36823840</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>36823840</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>UST</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="36823840" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Contemporary Amperex Technology Co., Ltd.</name>
        <lei>300300KINDY1K0E9I032</lei>
        <title>CONTEMPORARY AMPEREX TECHN-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100003662"/>
        </identifiers>
        <balance>1279709.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.27320000"/>
        <valUSD>40732089.52000000</valUSD>
        <pctVal>4.683576505059</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shanghai Putailai New Energy Technology Co., Ltd.</name>
        <lei>N/A</lei>
        <title>SHANGHAI PUTAILAI NEW ENER-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002TX3"/>
        </identifiers>
        <balance>8165215.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.27320000"/>
        <valUSD>18871647.16000000</valUSD>
        <pctVal>2.169955047529</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yunnan Energy New Material Co., Ltd.</name>
        <lei>N/A</lei>
        <title>YUNNAN ENERGY NEW MATERIAL-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100002BR3"/>
        </identifiers>
        <balance>4488059.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.27320000"/>
        <valUSD>17092783.69000000</valUSD>
        <pctVal>1.965412554080</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tianqi Lithium Corporation</name>
        <lei>300300IZ1J0MQ8YVEG66</lei>
        <title>TIANQI LITHIUM CORP-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000T32"/>
        </identifiers>
        <balance>8427788.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.27320000"/>
        <valUSD>33383458.76000000</valUSD>
        <pctVal>3.838594703794</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ECOPRO BM CO.,LTD.</name>
        <lei>N/A</lei>
        <title>ECOPRO BM CO LTD COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7247540008"/>
        </identifiers>
        <balance>342941.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1421.50000000"/>
        <valUSD>24487169.54000000</valUSD>
        <pctVal>2.815655501214</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JIANGXI SPECIAL ELECTRIC MOTOR CO.,LTD</name>
        <lei>300300WSYPJBOP68R712</lei>
        <title>JIANGXI SPECIAL ELECTRIC -A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000007F4"/>
        </identifiers>
        <balance>11352040.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.27320000"/>
        <valUSD>10894412.25000000</valUSD>
        <pctVal>1.252693241417</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PILBARA MINERALS LIMITED</name>
        <lei>5299000VV1CZVF5K9C16</lei>
        <title>PILBARA MINERALS LTD COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000PLS0"/>
        </identifiers>
        <balance>23354698.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.56287000"/>
        <valUSD>22489919.50000000</valUSD>
        <pctVal>2.586001843071</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lithium Americas Corp</name>
        <lei>529900Q9ENG7EHHZ5R75</lei>
        <title>LITHIUM AMERICAS CORP COMMON STOCK</title>
        <cusip>53681J103</cusip>
        <identifiers>
          <isin value="CA53681J1030"/>
        </identifiers>
        <balance>1567750.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.38130000"/>
        <valUSD>4494526.89000000</valUSD>
        <pctVal>0.516802864557</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="4055582.95"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ioneer Ltd</name>
        <lei>N/A</lei>
        <title>IONEER LTD COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000028946"/>
        </identifiers>
        <balance>15384772.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.56287000"/>
        <valUSD>1427368.84000000</valUSD>
        <pctVal>0.164125907653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1118621.02"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALBEMARLE CORPORATION</name>
        <lei>HDBLS2Q6GV1LSKQPBS54</lei>
        <title>ALBEMARLE CORP COMMON STOCK</title>
        <cusip>012653101</cusip>
        <identifiers>
          <isin value="US0126531013"/>
        </identifiers>
        <balance>992724.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>58123990.20000000</valUSD>
        <pctVal>6.683383005611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ganfeng Lithium Group Co., Ltd.</name>
        <lei>3003006BE6UOHWEOOR42</lei>
        <title>GANFENG LITHIUM GROUP CO L-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000SF6"/>
        </identifiers>
        <balance>9047800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.27320000"/>
        <valUSD>37257549.63000000</valUSD>
        <pctVal>4.284056775370</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Standard Lithium Ltd</name>
        <lei>N/A</lei>
        <title>STANDARD LITHIUM LTD COMMON STOCK</title>
        <cusip>853606101</cusip>
        <identifiers>
          <isin value="CA8536061010"/>
        </identifiers>
        <balance>1408716.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.38130000"/>
        <valUSD>2080489.86000000</valUSD>
        <pctVal>0.239224983106</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="681153.95"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sinomine Resource Group Co., Ltd.</name>
        <lei>N/A</lei>
        <title>SINOMINE RESOURCE GROUP CO-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001WV3"/>
        </identifiers>
        <balance>4215926.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.27320000"/>
        <valUSD>16891063.58000000</valUSD>
        <pctVal>1.942217781140</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lithium Argentina AG</name>
        <lei>N/A</lei>
        <title>LITHIUM ARGENTINA AG COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH1403212751"/>
        </identifiers>
        <balance>1136444.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.38130000"/>
        <valUSD>2336567.70000000</valUSD>
        <pctVal>0.268670075882</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1121778.68"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>L&amp;F CO., LTD</name>
        <lei>9884002SUW2JTU2FXU05</lei>
        <title>L&amp;F CO LTD COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7066970005"/>
        </identifiers>
        <balance>211088.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1421.50000000"/>
        <valUSD>9622583.47000000</valUSD>
        <pctVal>1.106452096839</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Panasonic Holdings Corporation</name>
        <lei>254900GE1G59KGWPHX32</lei>
        <title>Panasonic Holdings Corporation COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3866800000"/>
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        <balance>4912160.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="142.64000000"/>
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        <pctVal>6.498014623117</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NAURA Technology Group Co., Ltd.</name>
        <lei>300300JI5I0B95GO5C39</lei>
        <title>NAURA TECHNOLOGY GROUP CO-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100000ML7"/>
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        <balance>810441.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.27320000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BYD COMPANY LIMITED</name>
        <lei>5299005557VL7ULJ7A69</lei>
        <title>BYD CO LTD-H COMMON STOCK</title>
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          <isin value="CNE100000296"/>
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        <balance>1195874.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.75470000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SAYONA MINING LIMITED</name>
        <lei>5299007N8RQDP4IN4F31</lei>
        <title>SAYONA MINING LTD COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SYA5"/>
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        <balance>74834619.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.56287000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Sigma Lithium Corp</name>
        <lei>N/A</lei>
        <title>SIGMA LITHIUM CORP COMMON STOCK</title>
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          <isin value="CA8265991023"/>
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        <balance>436647.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3510641.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="2501360.8"/>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>ESG MINERALS LTD</title>
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          <isin value="AU0000368995"/>
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        <currencyConditional curCd="AUD" exchangeRt="1.56287000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sociedad Quimica y Minera de Chile S.A.</name>
        <lei>TJ88LXZZW5PWIN93ZC81</lei>
        <title>QUIMICA Y MINERA CHIL-SP ADR DEPOSITARY RECEIPT</title>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LIONTOWN RESOURCES LIMITED</name>
        <lei>529900LT0V2IEL7WZY56</lei>
        <title>LIONTOWN RESOURCES LTD COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000LTR4"/>
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        <balance>12135197.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.56287000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="3816579.64"/>
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      <invstOrSec>
        <name>VULCAN ENERGY RESOURCES LIMITED</name>
        <lei>8945006OYFHQ9HE4XE54</lei>
        <title>VULCAN ENERGY RESOURCES LTD COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000066086"/>
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        <balance>923172.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.56287000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Guangzhou Tinci Materials Technology Co., Ltd</name>
        <lei>836800Y28XV3QK34CB65</lei>
        <title>GUANGZHOU TINCI MATERIALS -A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001RG4"/>
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        <balance>9386614.00000000</balance>
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        <currencyConditional curCd="CNY" exchangeRt="7.27320000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SUNWODA ELECTRONIC CO., LTD</name>
        <lei>836800CQGW5QDXND0Q43</lei>
        <title>SUNWODA ELECTRONIC CO LTD-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001260"/>
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        <balance>11114491.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.27320000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Wuxi Lead Intelligent Equipment CO.,LTD.</name>
        <lei>836800J7WO9E2EF72B65</lei>
        <title>WUXI LEAD INTELLIGENT EQUI-A COMMON STOCK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE100001ZF9"/>
        </identifiers>
        <balance>8102446.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.27320000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LUCID GROUP, INC.</name>
        <lei>529900MRL9Z13ZCRVD74</lei>
        <title>LUCID GROUP INC COMMON STOCK</title>
        <cusip>549498103</cusip>
        <identifiers>
          <isin value="US5494981039"/>
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        <balance>7392350.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18554798.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SAMSUNG SDI CO LTD-RIGHTS</name>
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        <title>SAMSUNG SDI CO LTD-RIGHTS ISSUE 0.1414:1 / TERMS 1:1</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KRA0064001F2"/>
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        <balance>23712.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="KRW" exchangeRt="1421.50000000"/>
        <valUSD>574659.44000000</valUSD>
        <pctVal>0.066077176086</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <othDeriv derivCat="OTH" othDesc="SAMSUNG SDI CO LTD-RIGHTS">
            <counterparties>
              <counterpartyName>SAMSUNG SDI CO LTD-RIGHTS</counterpartyName>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>N/A</issueTitle>
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                  <other otherDesc="Other" value="N/A"/>
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            </descRefInstrmnt>
            <terminationDt>2025-05-25</terminationDt>
            <notionalAmts>
              <notionalAmt amt="0.00000000" curCd="KRW"/>
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            <delta>XXXX</delta>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Patriot Battery Metals Inc</name>
        <lei>529900XDIJAIG9QO0I38</lei>
        <title>PATRIOT BATTERY METALS INC COMMON STOCK</title>
        <cusip>70337R107</cusip>
        <identifiers>
          <isin value="CA70337R1073"/>
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        <assetCat>EC</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-04-30</ncom:dateSigned>
      <ncom:nameOfApplicant>GLOBAL X FUNDS</ncom:nameOfApplicant>
      <ncom:signature>Joe Costello</ncom:signature>
      <ncom:signerName>Joe Costello</ncom:signerName>
      <ncom:title>CCO</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
