Lithium Americas Corp (LAAC)

[overlordpeter]

Argentina’s new government scraps mining taxes

Miners struggling to cut costs amid plunging metal prices just got some help from Argentine President Mauricio Macri, as he announced the government has revoked a 5% tax imposed by the previous administration on mining and energy companies.

I was reading that 2500 tons of lithium could supply 60,000 car batteries interesting.

1 Million Electric Cars = 41,666 tons of lithium there is 60 million cars made a year now if half of them were replaced with EV cars by 2030 we would need 1249980 Tons of Lithium just for Cars not counting replacement batteries or Home storage witch would it least triple the amount of demand.