Ann: Becoming a substantial holder, page-44

BlackRock manages nearly $10 trillion in investments. Vanguard has $8 trillion, and State Street has $4 trillion. Their combined $22 trillion in managed assets is the equivalent of more than half of the combined value of all shares for companies in the S&P 500 (about $38 trillion). Their power is expected to grow. An analysis published in the Boston University Law Review in 2019 estimated that the Big Three could control as much as 40 percent of shareholder votes in the S&P 500 within two decades.

Blackrock
In January 2021, we committed to supporting the goal of net zero greenhouse gas emissions by 2050 or sooner

Vanguard
Last year, we joined the Net Zero Asset Managers (NZAM) initiative. It consists of more than 200 global asset managers committed to supporting policymakers' stated goal of achieving net zero greenhouse gas emissions by 2050 or sooner. As part of our commitment, Vanguard has pledged to engage with companies, policymakers, and other investment industry participants about this transition;

State Street
State Street is leading a global Task Force of asset owners and asset managers within the Sustainable Markets Initiative to consider ways of strengthening the impact of net-zero engagement in addition to other tangible actions.

Climate Action 100
BlackRock joins Climate Action 100+ to ensure largest
State Street Global Advisors Inc. is adding its voice to the Climate Action 100+

Vanguard did not join however...
Vanguard, BlackRock Join Investors Pledging to Hit Net Zero - BlackRock Inc. and Vanguard Group Inc. are among 43 investment firms managing more than $22.8 trillion of assets that are joining the Net Zero Asset Managers initiative

The shortlisting of Lilac for Bolivia's Lithium industry, as the only US entry, IMO is key. This state backed partnership model certainly appears to be something that Chile is now seriously considering.
Lake has been the boots on the ground partner WRT to developments in Argentina.

The complexity of permitting/designing/building processing facilities for hard rock vs brine - hard rock would have a longer lead time.
Permitting for which is something that a partner in the State can help with for brine based Li - noting particular focus on the E part of the ESG from the few articles I've read on brine extraction, seems to be something that would weigh heavily for DLE technology providers.

There is a step change in the wind. JMO.