The guidance released Friday clarifying provisions of the IRA will leave few EVs eligible for up to $7,500 credits as of April 18.

The move would come as prices plunge on a significant slowdown in demand for EVs in China.

Mining companies have to run just to stand still, but expansion capex in the global mining sector as a percentage of profits has halved in a decade.

Sayona is targeting 226,000 tonnes per year of annual lithium concentrate production.

The former head of South Africa’s National Treasury has been tasked with cleaning up a scandal-dogged company that’s contemplating partnering a Chinese battery maker.

Industry executives are calling for a national strategy to speed that development by fast-tracking mine permitting.

One agreement relates to investment in the Morowali project in Indonesia.

The proposal would sharply reduce the length of mining concessions to 15 from 50 years.