Miners say the surcharges make investors more comfortable financing new projects, especially as Chinese rivals have been known to sell metals below prevailing market rates."For a company to make an investment decision here in the United States ... there has to be an adequate return for that," said Shaun Verner, CEO of Syrah Resources (SYR.AX), which received U.S. Department of Energy funding to build a graphite processing plant in Louisiana that will supply Tesla (TSLA.O).Advertisement · Scroll to continue"Customers understand that there is going to a degree of pricing differential across different geographic markets and potentially different provenance of materials."
https://www.reuters.com/markets/commodities/western-lithium-graphite-miners-boost-prices-esg-friendly-supply-2023-11-17/
Miners say the surcharges make investors more comfortable...
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