Tesla supplier Piedmont Lithium has been granted approval to set up mining operations in North Carolina, though it still may face some barriers in developing a future operation. After filing for the mining permit in August 2021, Piedmont has faced some local backlash and regulatory challenges for the site outside of Charlotte, North Carolina. However, […]
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Oil giant Exxon Mobil has announced plans to enter the market for the key electric vehicle (EV) battery mineral lithium, stating that it plans to set up its “first phase” of lithium production in the U.S. by 2027. Exxon will produce lithium in southwest Arkansas, with initial production starting as soon as 2027, according to […]
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It appears that Tesla is considering Chinese battery components manufacturer Sunrise New Energy as a potential supplier, according to a new report. Sunrise New Energy said on Wednesday that Tesla has expressed interest in the manufacturer’s battery component products, as reported by Reuters. The company says that Tesla’s battery raw materials department had been in […]
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Tesla has threatened Core Lithium with a potential lawsuit pertaining to a failure to execute an agreement the two companies had over an agreement to supply the automaker with lithium spodumene concentrate from Core’s Finniss Lithium Project. Core said in an Equity Raise Presentation yesterday that it had received a notification from Tesla of a […]
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Tesla has applied for a set of building permits regarding a previously unannounced “Lithium Lab,” which is likely an upcoming R&D facility. It’s no secret that Tesla has been diving head first into developing more dependable lithium supplies, even going as far as opening its own lithium refinery in Southern Texas. Now, the company is […]
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General Motors (GM) has secured a next-generation lithium extraction deal with Puerto Rico-based startup, EnergyX. With the demand for lithium expected to surpass supply by 2030, automakers have never been more pressed to secure the resource, especially as it becomes increasingly essential for the future of their business, specifically regarding the production of electric vehicles. […]
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Mercedes partner Rock Tech has broken ground on its new lithium refining facility in Germany that will serve the premium German automaker. Along with its incredibly extensive production shift toward electric vehicles, Mercedes-Benz is working to become battery independent. Securing the necessary raw materials, chiefly lithium, is crucial to that plan. In this effort, it […]
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Tesla is poised to benefit from rapidly dropping lithium prices, particularly in China, where the automaker produces nearly half of its vehicles. No element has become more synonymous with electric vehicles than lithium. None of the modern batteries that make electric vehicles possible could exist without lithium. Hence, the price of EVs has become intertwined […]
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Tesla is reportedly considering purchasing Sigma Lithium, a Brazillian lithium mining company, for an estimated $3 billion. Tesla and its CEO Elon Musk have shown a continued interest in the extraction and refinement of lithium over the past five years. With the company’s exponentially growing demand for the substance, and its alacrity to vertically integrate, […]
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A fresh lithium development in Saskatchewan, Canada, along with other significant supply developments, could make the country more enticing than ever to supply-hungry Tesla. Tesla and its CEO, Elon Musk, have made it no secret that lithium is a vital resource for its business. It intends to work closely with suppliers and potentially develop its […]
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