Three months ago Lake Resources ousted its CEO in a Pivot that the company described as "reflecting the growth of the business in the US Market"
The company has made moves to relocate the corporate office from Australia to the United States and has recently appointed a US Based CEO
However, in a matter of weeks after announcing this shock move, the United States have signed into legislation the Inflation Reduction Act which ensures the United States phases out critical minerals that are not mined or processed within the United States (Or its Free-Trade Partners)
It seems like Lake's Business Shift to establish itself within the US Market could be dead before it gets off the ground, with no active mining or processing projects located within the United States or Its Free-Trade Partners, the move to the United States could prove a calamity decision from Management who must have seen the writing on the wall knowing that Argentina is not a free-trade partner of the US
US Based Head Office
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