|Bid||0.1850 x 0|
|Ask||0.1850 x 0|
|Day's Range||0.1750 - 0.1900|
|52 Week Range||0.1200 - 0.2700|
|Beta (5Y Monthly)||0.10|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.49|
The Senate's Energy and Natural Resources Committee held a hearing on the American Mineral Security Act, which would help streamline regulation and permitting requirements for the development of mines for lithium, graphite and other EV minerals. The pending legislation would require a tally of metal reserves in the United States and seek to streamline permitting for the EV sector, an area where China already leads by a wide margin. The bipartisan legislation, which seeks in part to codify a late 2017 executive order on U.S. mineral development by President Donald Trump, was sponsored by U.S. senators Lisa Murkowski, Joe Manchin and others.
A U.S. senator plans to introduce legislation on Thursday to streamline regulation and permitting requirements for the development of mines for lithium, graphite and other electric-vehicle supply chain minerals, part of a plan to offset China's dominance in the space. While Tesla Inc, Volkswagen AG and other electric-focused automakers and battery manufacturers are expanding in the United States, they are reliant on mineral imports without a major push to develop more domestic mines and processing facilities. U.S. Senator Lisa Murkowski, the Alaska Republican who is chair of the Senate's Energy and Natural Resources Committee, told Reuters she will introduce the Minerals Security Act alongside Senator Joe Manchin, a West Virginia Democrat.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. To keep the lesson grounded in practicality, we'l...
While Volkswagen AG, Tesla Inc and other electric-focused automakers and battery manufacturers are expanding in the United States and investing billions in the new technology, they are reliant on mineral imports without a major push to develop more domestic mines and processing facilities. China already dominates the electric vehicle supply chain. It produces nearly two-thirds of the world's lithium-ion batteries - compared to 5 percent for the United States - and controls most of the world's lithium processing facilities, according to data from Benchmark Minerals Intelligence, which tracks prices for lithium and other commodities and is organizing the Washington, D.C., event.