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South Dakota's lithium tax inches closer

Proposing a 10% tax if lithium is designated a precious metal Metal Tech News - January 24, 2024

In what may be a watershed moment for U.S. state laws regarding critical mineral mining, South Dakota Rep. Kirk Chaffee has taken a second swing at taxing lithium, and this time it may stick. Last year, a similar effort to classify lithium as an energy mineral passed the state House but was rejected in the Senate.

The current bill, for...

 

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