“Still, some industry watchers remain skeptical about whether a government backstop is the right strategy to support the industry.
Abigail Hunter, executive director of the Center for Critical Minerals Strategy at the think tank SAFE, said she has reservations about the government ‘getting their hands into commodity market pricing, which is very cyclical and complex.’
‘Policies need to be carefully calibrated to the specific commodity price dynamics, potentially peter off after projects reach economies of scale in production, and [be] coupled with other government support, all so taxpayers don’t end up supporting projects — especially unviable ones — indefinitely,’ Hunter said in an email”
Read the full article: “Biden administration weighs price support for US critical minerals amid Chinese pressure“
