Excellent news!
A great report on Lake's participation in a meeting on strengthening Argentine/US ties on critical minerals.
Some excerpts from the article below as well as a link to the source article for reference.
Attendees at the meeting were:
- United States Assistant Secretary of State for Western Hemisphere Affairs, Brian A. Nichols,
- Officials from the Chamber and the US government, including from the embassy in Argentina,
- Arcadium Lithium,
- Lake Resources,
- Lilac Solutions,
- Albermarle
Fantastic to see Lilac Solutions also attending this meeting. There is something to this!
Great to see ongoing discussions progressing towards a US/Argentina deal being done. Whatever the form of the "deal", whether it be an FTA or a Minerals Strategic Partnership (MSP), the benefits of Argentine based Lithium producers being able to supply into the US supply chain and qualifying for the concessions under the IRA are huge!
I've been watching this for quite some time - since the inception of the IRA in the US - and it has been shouted down by the usual suspects at every mention. It is great to see the ongoing progress but I'll save my unbridled celebration to once the formal deal is done between the US and Argentina.....tick, tock.
In the meantime, it is worth noting the statement about "recent regulations allow the US to use battery components from non-FTA countries".
Argentina, US strengthen ties concerning critical minerals - MINING.COM
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