LTR News: Trump's EV rollback not expected to suppress appetite for critical minerals - 22nd Jan 2025, 6:19am

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By Melanie Burton and Ernest Scheyder

(Reuters) - U.S. President Donald Trump's rollback of electric vehicle targets may temporarily slow demand for lithium and other critical minerals, but is unlikely to hamper the mining industry amid surging global EV demand, analysts and industry leaders said.

Trump on Tuesday revoked predecessor Joe Biden's 2021 executive order that sought to ensure half of all new vehicles sold in the U.S. by 2030 are electric. Automakers had been positioning for a jump ...

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