This is huge news. I cannot believe what I read. It was reported on ELectrek and another article on Teslarati.
It seems the sr. manager of operations, Jason Bevan, spoke about the timeline of this facility. The assets will be commissioned in the first half of next year (2024) and production will scale throughout the year.
In this video I discuss how the groundbreaking for this plant was in May. That means we are going from raw land to some refined LIthium in about a year. This is huge.
We are also looking at a plant that will refine enough Lithium for batteries in 1 million cars. This is a lot cheaper than sending the material to China for refining and then returning it back to the US.
It is surprising how fast they are moving especially if this projection is hit.
▶️ 3Speak
Congratulations @taskmaster4450le! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCheck out our last posts:
verry goods bro, today actifity
good news for investors
Exciting news! Tesla's lithium refining move is a game-changer. Impressive progress, from groundbreaking to refined lithium in just a year. Cost-saving move for Tesla.
Lithium production is vital for the production of Tesla cars.
Marking this for later, what is the source of the lithium? Last time I did a deep dive on lithium extraction the expansion of mining and extraction was not keep pace with the demand curve.
Most new lithium comes from evaporative brine pools, or hard rock (spodumene) mining. Spodumene is mined extensively in Australia. I'll get caught up, but at my last review - there was only one operational lithium mine in the United States.
I do some a Tesla sponsored or affiliated company was attempting to extract lithium from - lithium rich clays.