Phoenix Water - PXW - Lithium - 100x, page-1187

"Some of Australia’s biggest lithium mines could be ineligible for US government subsidies after Washington issued rules excluding critical minerals with high levels of Chinese ownership or processing.

The US Department of Energy issued draft guidance on Saturday that defined a “foreign entity of concern” as any company more than 25 per cent owned by Chinese, North Korean, Iranian or Russian shareholders."

Won't be a problem for Phoenix but might not be good for some other Australian lithium companies.