Ford can make more profit sourcing materials from countries that meet the US Inflation Reduction Act requirements. The US doesn't have a free trade agreement with Argentina.
This was discussed in some detail when the IRA was announced - Ford wasn't likely to proceed with their LKE offtake. At the time, the rampers dismissed this as a likely possibility.
Updated Lake Short report from J Capital, page-93
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Last
5.1¢ |
Change
0.001(2.00%) |
Mkt cap ! $84.81M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.3¢ | 5.1¢ | $240.5K | 4.661M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 384789 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 329204 | 4 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
5.1¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 5.1¢ | 5.3¢ | 5.1¢ | 2559793 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| LKE (ASX) Chart |