Some key excerpts from the article dated 25/4/23 starting this thread....
Government negotiating lithium export deal with US - Buenos Aires Herald
"The government is moving forward with a bilateral agreement with the United States on Argentine lithium. Last year, US President Joe Biden approved the Inflation Reduction Act (IRA). It states that US$400 billion will be invested in the energy transition, as a result of which demand for lithium is expected to increase fourfold."
"“Massa and Argüello have achieved a link on this issue, and have secured U.S. will to cooperate in order to reach an agreement through political means,” an official source said. The first sign is regulation: months after the law’s approval, the regulation of the electromobility chapter was published last week. It states that the State Department suggests that in addition to free trade agreements, it should also include countries with which the US signs bilateral agreements."
"Although the geopolitical relationship between the US and Japan is quite different from the relationship between the US and Argentina, the agreement marks a reference. Official sources say that for Argentina, it will be a bilateral agreement, but it is not clear what form it will take. “We are interested in being part of it because it is a huge opportunity, but for the US, Argentina is not just another country”, said an official source. Further developments are expected in the coming months."
"Daily talks are being carried out by Argüello and Ávila with David Turk, U.S. Energy Secretary. Multinationals with a presence in Argentina are also lobbying for the agreement to move forward: from mining companies such as Livent and Allkem, to car manufacturers such as General Motors and Toyota."
The full article is certainly worth reading and will give a true sense of where things are at with the progress towards a US/Argentine agreement - whether it be an FTA, MSP or in any other form. IMO, this will get done....and there are significant benefits that will flow through to Lake Resources once it happens.
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