Lithium is an essential mineral in the energy storage sector with growing demand due to its use in lithium-ion batteries for electric vehicles, electronics, and renewable energy systems. Government incentives for EVs and renewable energy are also boosting the lithium market and lithium stock performance.
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The Prime Minister of Australia responded to Trump's tariffs: there will be no equal countermeasures, and negotiations for exemptions will be sought.
① Australian Prime Minister Albanese criticized USA President Trump for imposing a 10% tariff on allies, stating that such actions are not what friends do, and indicated that Australia will not impose equivalent tariffs on the USA; ② The Australian government will seek to negotiate with the USA in hopes that Trump will lift the tariffs on Australia.
Aariya : share value keep going smaller
Bee J R Dubs OP Aariya : hopefully one day soon it’s profitable for them