President Biden Takes Action to Safeguard American Workers and Businesses!
US President Biden Takes Action to Safeguard American Workers and Businesses. Today, President Biden announced new tariffs on EVs, battery components, and critical minerals in a move to counter China’s unfair trade practices.
These tariffs, though not directly aimed at lithium target Chinese-made battery cells, paving the way for domestic battery production and mineral sourcing.
This development presents a promising opportunity for IRIS Metals, positioning the company to seize the moment and supply domestically sourced lithium in the near future.
