PLS 0.67% $2.96 pilbara minerals limited

Good News & Bad News, page-34383

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    For the Australian Government, they could drop 50% of the subsidies they grant to the oil and gas sector each year and therefore, could redirect those dollars to support Lithium miners/refiners, via meaningful funding and tax breaks.

    As for Argentina, they don't have the same luxuries/flexibility. Lithium production/exports out of Arg are quite small at this point, so applying a supertax and a national quota/allocation to a feed domestic downstream supply chain could keep it that way. What do they say, taxing your way to prosperity rarely works.


 
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