Published 3 months ago

Biden’s EV agenda hits mining world’s boom-and-bust cycle

Summary by Ground News

Lithium prices have plummeted to the lowest level since 2020. Albemarle, the world's largest lithium producer, announced plans to cut jobs and defer spending on projects in the Carolinas. Other critical minerals used in batteries like cobalt and nickel have been on similar rides.

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eenews.net

Biden’s EV agenda hits mining world’s boom-and-bust cycle

With a dramatic decline in lithium prices over the last year, companies are putting projects on hold, even as the Biden administration is trying to juice domestic mining and processing sector for critical minerals.

3 months ago

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