Masses of money and research is going into US lithium clays on better cheaper and even easier ways to refine them.
They are largely the future of US lithium. And even with all their Lithium assets optimized Clays and other sources they will still have a massive ongoing deficit i.e. need to import.
Under the Biden administration you will see the US lithium and battery metals sector along with the entire renuables sector being highly incentivized and helped with tax breaks and stimulus..
EV uptake is one of the cornerstones of Bidens economic recovery path for the US one where he envisages the new car makers and the traditional ones helping the US transition its fleet from gas guzzlers to EVs. What could be better for the economy than a massive changeover a massive moment of production and consumption that would drive massive new car production and sales.
Its the most capitalist thing imaginable which surprises me the coalition here can't see the fiscal possibilities of stimulating investment in renuables in general but EV uptake in particular. Imagine what entire changeover of national car fleets over say a 10 year period does for fiscal stimulus and tax raising, its massive!!
Im far from a conspiracy theorist but lobbying for years from big oil to governments here and overseas has to be a big part of why our and the US government dragged their feet in supporting EVs.
In the end as we have seen demonstrated with a chain of tech advances throughout our own lifetimes, better tech sells itself.
EVs are about to take over with government help as in the US or without, like here atm.
Who doesn't want a car they can charge at home for a fraction of the cost of the annoying trip to the service station? Or that is better for the environment and keeps city air cleaner? One that can do zero to a hundred in 2-4 seconds, one that virtually never needs servicing and one that is driverless tech compatible?
The future is EV and its coming very soon.
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