Trump Administration Changes Stance On Critical Minerals Price Floors: Report - American Resources (NASDAQ:AREC), Lithium Americas (NYSE:LAC)
8 Articles
8 Articles
Trump Administration Changes Stance On Critical Minerals Price Floors: Report - American Resources (NASDAQ:AREC), Lithium Americas (NYSE:LAC)
The Trump administration has reportedly decided to abandon its plans to guarantee a minimum price for U.S. critical minerals projects amid a possible lack of congressional funding and potential market pricing complexities. At a closed-door meeting in Washington, officials told U.S. minerals executives that their projects must be financially viable without relying on government price support, Reuters reported on Thursday, citing sources. The Whit…
US moves away from critical mineral price floors, sources say
The Trump administration is withdrawing from plans to set minimum prices for critical minerals projects. This decision stems from a lack of congressional funding and the challenges of market pricing. Officials have informed industry executives that projects must be financially independent. This marks a shift from previous commitments and could differentiate the U.S. from G7 partners discussing price support measures.
Exclusive-US moves away from critical mineral price floors, sources say
By Ernest Scheyder and Jarrett Renshaw Jan 28 (Reuters) – The Trump administration is stepping back from plans to guarantee a minimum price for U.S. critical minerals projects, a tacit acknowledgment of a lack of congressional funding and the complexity of setting market pricing, multiple sources told Reuters. The shift, which comes as a U.S. Senate committee reviews a price floor extended last year to MP Materials, marks a reversal from commitm…
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