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Where do you that sentiment from? The sentiment is that when the Government picks winners then they also remove other companies from the market. The lack of co
by lesuorac 1y ago
Where do you that sentiment from?
The sentiment is that when the Government picks winners then they also remove other companies from the market. The lack of competition causes that winner to stagnate to the point where they can only compete in a market with no competition.
It's not obvious that the US needs _those_ mines. What the USG should be doing is saying that Lithium is an essential mineral and accepting proposals from _any_ company about how much money they need to produce x KG of refined lithium and then going through those proposals for feasibility and then awarding contracts to the cheapest feasible ones. Instead, the USG has just straight up picked a winner and thrown money to them.
Keep in mind that Lithium Americas is "North American" (Canadian) so if anything its evidence of American unexceptionalism ...