Ann: NOVONIX Enters JV to Produce Anode Material in MENA Region, page-83

Looking fwd to the treasury releasing latest guidance for the IRA tax credits, This Friday April 1.
There’s some anger that the tax credits will slip to Chinese entities by allowing them to ship materials in and only assemble in the US for full credit. Theres certainly a push to tighten further. This would be a boost to US and FTA suppliers.





https://insideevs.com/news/659938/tesla-model3-rwd-7500-tax-credit-reduced/amp/

https://fordauthority.com/2023/03/joe-manchin-really-hates-the-ira-ev-tax-credit-situation/amp/

https://www.bloomberg.com/news/newsletters/2023-03-29/supply-chain-latest-treasury-rules-on-ira-tax-credits



A Washington think tank whose mission is aligned with the IRA’s goals just released a report spelling out China’s command of the supply chain and the worker-safety and environmental corners it says the country cut its carbon on the way to dominance.

SAFE, the group whose name stands for Securing America’s Future Energy, argues that China has been winning out in part because of failures to account for the toll that the extraction and processing of critical minerals including lithium, nickel and cobalt are taking on workers and the environment. (Click here for the full story.)

“Right now, it’s incredibly difficult to diversify supply chains, because it’s incredibly difficult to compete on cost,” says Abigail Wulf, the vice president and director of SAFE’s Center for Critical Minerals Strategy. “Because where you’re getting these minerals from are ostensibly degrading the environment and exploiting workers in ways you would not be allowed to in the US, Canada, the EU and Australia.”