China announced today that it is extending tax breaks for new electric vehicles for another 4 years. That should keep lithium demand fairly buoyant through until GL1's intended mining start date. The full tax break applies until the end of 2025 with a halving of the tax break in 2026 and 2027. The title of the article only reflects the full tax break period. https://cnevpost.com/2023/06/21/china-extends-nev-tax-exemption-end-2025/
GL1 Megathread, page-1228
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