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-0.000567107750472443 -0.00181474480151226 -0.00189035916824193 -0.00189035916824193 0.00378071833648402 0 -0.00378071833648385 -0.00567107750472578
Stock impact report

Analysis-Trump's tax-cut bill could hold back US critical minerals projects [Yahoo! Finance]

Lithium Americas Corp. Common Shares (LAC) 
Last lithium americas corp. common shares earnings: 11/12 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
minerals companies to compete with China because it eliminates a tax credit for boosting domestic production of nickel, rare earths and other materials used in advanced electronics and weaponry. With Trump and Republican lawmakers aiming to cut government support for green energy projects, the U.S. House of Representatives passed a version of his "One Big Beautiful Bill Act" last month that eliminates the so-called 45X credit. The Senate is now debating the bill. Former President Joe Biden's 2022 climate change law, the Inflation Reduction Act, created the 10% production credit - a reduction in corporate taxes for critical minerals extraction and processing. The tax break also covers solar, battery and wind projects. The version of the bill that passed the House treats government incentives for wind turbines the same as those for mining projects that many view as crucial for national security. Critical minerals companies now say their projects are collateral damage to the politi Show less Read more
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