Surge Battery Metals Inc. V.NILI

BIDEN to SUPPORT Lithium prices by paying the DIFFERENCE

[deepoil0808]

BIDEN is going to take a page off the Chinese market.    

The government will set a base lithium price where mining companies are expected to be profitable in allowing them to operate. 

If the lithium price trades under this base price where lithium companies incur a loss, BIDEN will pay the loss difference, meaning that no mining company will incur any losses.

The measure could be temporary until lithium and the EV market take off or, it could also be permanent if the government judges that the chances of the lithium prices going under this base price is low.

The EV car markers will of course get the cheap lithium price so EV should fly off the shelves.   

This is what China has been doing to try to dominate the planet, it is about time that the US government wakes up.   In order to make BIG CHANGES on the planet, you need to invest heavily until it takes off.   That is the role of the government.   Otherwise it will be a slow grind and climate change will only worsen our lives.   It is a question of:  How do we want to live as a society?

PS:   Nividia is reaping in billions of profits this year but did you know that it took them 30 years in development costs and time.    We do not have 30 years for EV, it must be pushed NOW. 

Enjoy the article:

https://www.mining.com/biden-administration-considering-price-support-to-backstop-critical-minerals-projects/

GOOD LUCK, 

[MeteorShower]

But what will happen if Trump wins?

[deepoil0808]

If TRUMP wins you will not have to worry about lithium or EV market, cause there will no planet left to live on. Global warming is a FACT, not an idea or a policy.   Without addressing this issue, everything on the planet is going to die.  You may think I am exaggerating, well read the news: - thousands of dolphins end up on a beach and die.  - horses in Austrialia