WHAT DOES THE US INFLATION REDUCTION ACT MEAN FOR THE EV BATTERY SUPPLY CHAIN?
https://www.benchmarkminerals.com/membership/what-does-the-us-inflation-reduction-act-mean-for-the-ev-battery-supply-chain/
"The bill could be a near-to-medium term boost for automakers that already have or plan to tie up the upstream and midstream portion of their supply chains in countries which have a free trade agreement with the USA, such as Australia, Canada, Chile, Mexico. It would however be a negative for the Indonesian nickel supply planning to enter the North American market.Indonesia, which is set to be the largest producer of nickel for batteries, is also not on the list of eligible suppliers. Benchmark forecasts that Indonesia’s share of global refined nickel production will increase from a forecast 41% in 2022 to 59% in 2030"
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