Post by
deepoil0808 on Nov 18, 2022 10:52am
U.S. govnt to INVEST $ 300 million into 20 mining companies
To prevent China from taking over the electrical car and battery market, the United States government is going to invest $ 300 million in Canada into 20 mining companies, specifically into the lithium sector as China is the dominant supplier.
U.S. is asking Canada to start moving on the lithium mines.
Many lithium companies are in discussions with the United States government and news should be pending in year 2023.
If successful in negotations, Brunswick could see an investment of $ 20 million to $ 30 million from the U.S. with more to come as they move forward.
Lithium is the NEW GOLD for many decades.
My personal opinion,
Comment by
tiger2201 on Nov 18, 2022 4:34pm
Hi deepoil, I hope you are correct. JMO, BRW is an early junior until it proves it has goods in the ground. I more see the support will be for the late stage projects in Canada. Lithium is only one of the critical metals, and there are many others. tiger