Keeping an eye on associated news outside of QPM for a more...

Keeping an eye on associated news outside of QPM for a more balanced perspective:

* Our partners GM burnt US$187.5M by covering the lost IRA incentives on 25,000 ineligible EVs before their source changes kick into effect:
https://gmauthority.com/blog/2024/01/new-chevy-blazer-ev-cadillac-lyriq-production-to-be-eligible-for-u-s-ev-tax-credit/
Gives some perspective on what debt support they could provide QPM with!

* Our partners LGES doing well (don't believe all the doom and gloom in the battery metals space):
https://koreajoongangdaily.joins.com/news/2024-01-31/business/industry/LG-Chem-logs-Q4-profit-as-battery-business-surges--/1971419

* NC nickel processors not so much, with the French govt looking to cover only 200M EU of an estimated 1.5B EU needed to keep the smelters afloat:
https://www.mining.com/web/trafigura-backed-nickel-mine-seeks-new-partner-for-bailout/

* In Rick Rule vein, Climate Rights International's recent report on Indo nickel paints a pretty devastating picture of what is being accepted at present by the industry, govt and EV players: https://cri.org/reports/nickel-unearthed/
Their recommendations:

Perhaps the impending Indo elections could change the picture.
Surely they'd like to move from a high unit/very low margin-Chinese dominated benefits business model to something less damaging, more profitable & sustainable long term for the country?

Anyone listening? Joko? Mary? Elon? Albo? Ursela? Emmanuel? Madeleine?