Speaker 2
that include like raw metal mining, in processing? This is just, that's the other half, just the simbly of the battery pieces? Yes, it's the manufacturing of
Speaker 1
o electrodes and packs and and cells, or cells and packs. So that'st you know, the value, t the monetary valuef added of the manufacturing side. The other piece is the material. And so the other half is tied three thousand, seven or 50 dollars to meating certain percentages of critical minerals value, either extracted or processed. You know, it can be a combination of the value of extraction and processing in a free trade agreement country, so not just north america, but any other free trade agreement country, or is made from recycle material in north america a now, that starts at forty % in 20 23 and goes up to 80 % from 20 27 onwards. Good lord. And that's so fast. That's so fast. Both of those are fairly fast. The the battery side, i haven't heard a lot of concern about, like, when i talk to analysts, they say, look, there's, you know, a couple f hundred billion dollars of investment coming in us. Supply chains, even without this bill lota. You know, it makes sense from an economic perspective because of shipment costs and logistics.
Speaker 2
So we think batteries will be assembled here
Speaker 4
regardless, or at
Speaker 1
least in north america, right next somewhere near where the plant is. Now, the minerals part is harder. And the big hard part, which i haven't got to yet, is that, for both f those provisions starting in 20 24. So that's just, you know, a year from now. Basically, any of the material can't be extracted or processed by a foreign, an entity of foreign concern, which is mainly china, but also russia, n north griron
Speaker 2
interesting. So
Speaker 1
so start 20 24, none of the battery material can be from china. So none of the battery manufacturing assembly can rem in china in 20 24. And in 20 25, none of the critical mineral content can come from china. That's