This should benefit lithium demand and also make the global battery supply chain less China centric / reliant.
"South Korea Plans $7 Billion Push to Pivot EV Battery Industry Away From China
The financial aid involves cheaper state loans and tax incentives" ...
https://www.kedglobal.com/business-politics/newsView/ked202405100003
https://www.supplychainbrain.com/articles/39689-korea-pledges-7b-aid-package-for-ev-battery-supply-chain
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