Here comes the $!
The past month has seen the US government provide substantial funding to battery raw materials projects, for the first time at these orders of magnitude. The flagship package was the US$2.3bn made available to Lithium Americas for its Thacker Pass project in Nevada, but funding was also made available to two overseas REE projects. The Australian government has also cut a number of major cheques, including A$840m (US$550m) for Arafura’s Nolans REE project. The Canadian government utilised tax breaks and small-scale funding instruments to support the upstream sector while the EU remains primarily at the making noise stage. But, we...
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Arafura
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Capital efficiency
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Europe
Financing
Lithium Americas
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United States
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