The way things stand, is that SYAQ mines and processes ore in North America, (insert tick for IRA compliance).
After that the spod is then shipped to China where ownership of the material is transferred to the Chinese company that refines it, (insert cross for IRA compliance).
After that, the majority of the refined product more than likely stays in China where most EVs are produced.
If only there was a way to tick both boxes to comply with the IRA?
It seems PLS has found a way (through tolling).
Could SYAQ do the same?
It would be good to know what it would mean in dollar terms to go this route and what the US government’s view would be?
The way things stand, is that SYAQ mines and processes ore in...
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Last
3.3¢ |
Change
-0.002(5.71%) |
Mkt cap ! $339.6M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.6¢ | 3.3¢ | $1.707M | 49.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 9042151 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 1735970 | 10 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| SYA (ASX) Chart |