RE: Sonora31 Aug 2023 20:26
@Zoom56,
I'm sure you already know this:
Expanding Australia’s critical minerals exports
Given the billions in funding from the US, Australia can expect to significantly increase its critical minerals exports.
The Inflation Reduction Act is a major opportunity to expand industries such as lithium, which is a key player in batteries. Australia is already the world’s biggest lithium supplier.
US battery manufacturers wanting to access subsidies must use minerals sourced domestically, or from countries with which the US has an existing free trade agreement, such as Australia.
https://www.innovationnewsnetwork.com/inflation-reduction-act-allocate-billions-australias-energy-sector/33295/#:~:text=Given%20the%20billions%20in%20funding,the%20world's%20biggest%20lithium%20supplier.
As disappointed as I am with the Sonora situation I'm optimistic we will get positive news on EMH and EG1 in coming months, and from a glass half full view the Mexican move by cancelling the concessions on these grounds must mean all other attempts to find other plausible reasons must have drawn blanks - if you consider P4bl0 Tadde1 had expectations of a deal being struck by the end of June as published in May at which time any technicalities would have been apparent.
***The Ministry of Economy, with Taddei as technical advisor***, is leading the negotiations with large companies to define the future role of the State in the exploitation of those lands. Taddei refuses, again, to give more details about the talks because he says they are private, but says there are at least five in progress and that before the end of the first half of the year there could be an announcement about what will happen to the deposit at the La Ventana ranch, in Sonora, the site of the country that already has more advances for the production of the metal and whose works have been led by Ganfeng Lithium.
https://www.bullfrag.com/pablo-taddei-sets-a-date-for-the-first-lithium-production/
The state game
According to lawyers in the sector, the presidential decree published on February 18, when López Obrador visited the town of Bacadéhuachi, gives sufficient signs to infer that the Chinese mining company will not be allowed to exploit the deposit, at least not alone. , as I had planned. ***But Taddei responds with a resounding no when asked if the concession will be taken away from the company so that it is the State that takes the main role without the company within the plans***
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