from oilprice.com May 10US to quadruple EV Chinese tariffs next week. No more cheap Chinese lithium. Great to be an Australian or North American lithium producer. Shorters ain’t going to like this
- 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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from oilprice.com May 10The US government and private sector are...
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