Argentine Chamber of Mining Companies rejects possible royalty...

Argentine Chamber of Mining Companies rejects possible royalty hike - MINING.COM

Looks like the Argentine Government is considering a proposal to more than double mining royalities in Argentina.

Interesting language - rejects - they might object but it looks very much like a decision for the government not an industry body.

But who knows in Africa and South America! (*cough* sovereign risk *cough*).

Will be fascinating - if it comes to pass, we are likely to see a lithium deficit earlier and more pronounced than anticipated.

That should also have a material impact on their competitiveness - ergo spot prices rise and assets in Canada become an even better investment.

Also of interest:

Auto, Steel Groups Urge Canada to Match US Tariffs on China - Bloomberg

Canada looking to do something similar to the US re: Chinese imports of vehicles and batteries.

Doubling down on the need for a new North American supply chain for batteries.

Guess which company is in the box seat?