Stillwater Critical Minerals: Short summary of proposed changes to the IRA by the coming Trump administration from BMO

“President Trump’s transition team is recommending sweeping changes to the Inflation Reduction Act, according to a document seen by Reuters. Recommendations reportedly include removing the $7500 tax credit for EV’s and redirecting funding for charging stations into battery minerals processing, while also imposing tariffs on all battery value chain products globally in a bid to boost US production – a significant move away from the IRA’s original focus on “friendshoring” in FTA countries. The plan also includes measures to strengthen blocking cars, components and battery materials from China.”

… Very pro-America and metal in the US will command a premium!