In the news today…
Inflation Reduction Act:
- POLITICO PRO reports that Republican states could see major benefits from IRA climate package, despite their opposition to it.
- FOX Business reports that the Act’s minimum tax will result in mining companies seeing a larger tax burden than companies in other industries.
- Reuters carries an op-ed arguing the Act marks a big movement in the reshaping of critical mineral supply chains.
Mining:
- Mining.com reports that the London Metal Exchange has banned Russian nickel from its warehouses.
Minerals:
- E&E Greenwire reports EPA is on the verge of issuing final permits for the Florence Copper Mine in Arizona.