US to quadruple EV Chinese tariffs next week. No more cheap Chinese lithium. Great to be an Australian lithium producer.
- from Oilprice.com 10 May.
- The US government and private sector are pouring billions into lithium production to support the EV market and reduce reliance on China.
- Major projects by companies like Lithium Americas, Exxon Mobil, and Albemarle aim to ramp up domestic lithium production, but face delays and opposition from environmental and indigenous groups.
- Despite hurdles, the demand for lithium is expected to rise as the EV market expands, driving further investment in domestic production to ensure a sustainable green transition.
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Green River, page-200
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