RNU 0.00% 10.0¢ renascor resources limited

Graphite is around 28% of the battery.In order to claim the IRA...

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    Graphite is around 28% of the battery.
    In order to claim the IRA credits, 40% of the critical mineral value must be extracted, processed and/ or recycled within the US or a country that the US has a free trade agreement with.

    This is not Mozambique but it also allows Tesla to source it's other critical mineral components from one of these countries to make up to 40%. This increases 10% every year starting from 2023. So 50% now 60% 2025 etc.

    The only country in Africa that the US has a free trade agreement with is Morocco.
 
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