bad news for producers of lithium in argentina, sovereign risk. Better to be based in Europe.
"Provincial and federal officials want to tap the profits of lithium companies with an annual tax that would be put toward building infrastructure. They’re also proposing a quota of up to 20 per cent of output to be kept for domestic battery projects."
https://www.copyright link/markets/commodities/argentina-considers-annual-tax-on-lithium-profits-domestic-quota-20230930-p5e8qa
bad news for producers of lithium in argentina, sovereign risk....
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