Joe Manchin says Treasury guidance “waters down” Inflation Reduction Act

US Congress dome closeup with background of water fountain splashing, American flag waving in Washington DC, USA closeup on Capital capitol hill, columns, pillars
US Congress dome closeup with background of water fountain splashing, American flag waving in Washington DC, USA closeup on Capital capitol hill, columns, pillars

Democrat senator Joe Manchin warned a committee that China could use critical minerals as “leverage” over the US as the country ramps up its electric vehicle ambitions. China dominates in the processing of battery minerals, forecast to produce 66% of the world’s lithium chemicals, 75% of nickel sulphate and 76% of refined cobalt this year, […]

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