Chile reached an agreement with the US to allow a key battery component to count toward tax credits under the US Inflation Reduction Act, boosting the appeal of investing in the South American nation. A Chilean delegation led by Economy Minister Nicolas Grau negotiated a deal whereby value-added lithium products made in Chile — such as cathodes — will qualify toward US domestic sourcing requirements for use in electric vehicles, his ministry said late Tuesday in response to questions
https://www.ajot.com/news/chile-wins-us-tax-credittreatment-for-battery-component-made-from-lithium
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