Rethinking Supply Chains: US And Allies Seek To Break China's Monopoly On Critical Minerals, But Secular Inflation Will Be The Price To Pay
Portfolio Pulse from Piero Cingari
The US and its Western allies are rethinking global supply chains to reduce China's dominance in critical minerals, leading to higher inflation. The US government is implementing policies like the Inflation Reduction Act and the Infrastructure and Investment Jobs Act to incentivize domestic sourcing and manufacturing. The merger between Livent Corp. and Allkem Ltd. creates the world's third-largest lithium corporation.
June 09, 2023 | 5:31 pm
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Livent Corp.'s merger with Allkem Ltd. creates the world's third-largest lithium corporation, potentially benefiting from the US and allies' efforts to reduce reliance on China for critical minerals.
The merger between Livent Corp. and Allkem Ltd. creates a larger lithium corporation that could benefit from the US and its allies' efforts to reduce reliance on China for critical minerals. As the US government incentivizes domestic sourcing and manufacturing, the merged company may see increased demand for its lithium products.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Allkem Ltd.'s merger with Livent Corp. forms the world's third-largest lithium corporation, which may benefit from the US and allies' push to reduce dependence on China for critical minerals.
The merger between Allkem Ltd. and Livent Corp. creates a larger lithium corporation that could benefit from the US and its allies' efforts to reduce reliance on China for critical minerals. As the US government incentivizes domestic sourcing and manufacturing, the merged company may see increased demand for its lithium products.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100