US considering price support for critical minerals projects
In a move that may mean nothing but may mean everything, the Biden administration is reportedly considering implementing a price floor to support new critical minerals projects being developed in the US. Under the plan, the government would pay the difference between global prices and its floor to help support new projects. While this is something the industry has been hoping for for some time, we are not sure how long-lived such a strategy may be. Why? Because of the US election. While the Democrats may embrace or adopt this strategy, would President Trump? We don’t know. Another key issue...
Topics
Cost
Critical Minerals
Government
IRA
US
US election
