#FTSE #Nasdaq Few things illustrate just how incompetent the UK government is than Lithium Americas leaping 92% into the air. Mr Trumps administration is keen to enforce a stake in key strategic industries and even the (strong) rumour of the US Government investing in LAC caused the price to jump higher than a UK politician trying to grab a twenty quid note from the breeze. But the reason this share price acceleration was some important can be compared to the recent UK initiative, spending \u00a3500 Million upgrading a port to allow cheap unwanted Chinese electric vehicles to flood the country.<\/p>\n
The Chinese electric vehicle industry literally created a problem with land prices, the Chinese government paying manufacturers subsidies for every new vehicle sold. As a result, the 120+ Chinese manufacturers would register vehicles as “Sold”, collect the subsidy, and park the unwanted machine in a field. Unfortunately, things have become a little silly with vast areas snaffling the role of car parks, causing problems for the availability of agricultural land. Vehicle manufacturers, attempting to reduce their Electric Vehicle Mountain, have been dumping machinery on Alibaba, where sales reflect a discount of between 60 and 80% of the original retail price.<\/p>\n
President Trump panicked at the size of this mountain, creating tariff barriers which stopped the arrival of random Chinese electric vehicles. Rather quietly, the European Union has enacted a similar stance, determined to keep the things clear of the continent. But an enlightened UK, deciding to further trash our indigenous car industry, has opted to create a port capable of handling China’s unwanted machines.<\/p>\n
In other words, the UK has reacted in exactly the opposite fashion than the US or EU, deciding to flood our country with machinery from manufacturers which shall vanish within the next few years, immediately after the Chinese government withdraw their subsidy to the domestic EV market. The 120+ manufacturers in China are expected to shrink to around just 15, provoking a fun scenario for those Brits who’ve paid for a vehicle for which aftermarket support shall vanish within a couple of years. But the USA Government is taking steps to protect their key industries and thus, the country and North America’s largest Lithium mine, utterly key for electric vehicle batteries and a key component, when trying to make a garden bonfire more entertaining. (if doing so, try and avoid breathing in the white smoke. (It’s more poisonous than BBC, Google, or Sky news!)<\/p>\n
<\/p>\n
If we review Lithium America’s and their lithium mine share price potentials, despite a surprise 92% single day share price rise, it appears further gains are possible as the share – as shown on the chart below – has been messing around since 2024, doubtless scaring many investors away. But when the government of the US decides to take a financial interest in the company, it’s easy to believe a “free money” scenario is kicking off. After all, under the current President Trump administration, it’s unlikely they shall be throwing money away against losing scenarios.\u00a0 Unlike the UK, expanding a port facility to deliberately destroy a UK industry.<\/p>\n
Currently, above $6.30 calculates with the potential of a lift to an initial $7.50 with our secondary, if bettered, at $10.30. We do have further potentials for the longer term but it shall probably be safer to stand back and review a journey to 10,30 dollars. Should things opt to go horribly wrong, Lithium Americas share price needs plunger below 3.20 dollars to call the current rising cycle into doubt.<\/p>\n
But on the bright side, we’re confident our surprise garden visitor this week was an animal called a Mink, something with a worse predatory reputation than UK parliamentarians spotting a money making scheme…<\/p>\n <\/p>\n FUTURES<\/p>\n FUTURES<\/p>\n![](\"http:\/\/www.trendsandtargets.com\/img\/lac250925.jpg\")
<\/span><\/p>\n![](\"http:\/\/www.trendsandtargets.com\/img\/mink.jpg\")
<\/span><\/p>\n
\n
![](\"http:\/\/www.trendsandtargets.com\/images\/specialoffer.gif\")
<\/a><\/h5>\n