LTR 2.50% 78.0¢ liontown resources limited

MERGING OF MIN & LTR --> LARGEST LITHIM COMPANY IN WORLD, page-9

  1. 5,962 Posts.
    lightbulb Created with Sketch. 20804
    I was always suspicious why Tesla didn't have many (enough) lithium supply deal agreements (See my post #: 61857901) and why Tesla was keeping its offtake agreements quite secret and undisclosed terms although Tesla has now many battery gigafactories around the world and they just added a new one in Shanghai for ESS (Energy Storage Systems - Stationary storage batteries) just recently.

    And just consider that Tesla has a plan to produce 20m EV by 2030..!
    That would be at least 50% of all EVs produced at that time.

    Where will Tesla get so much lithium?

    Tesla could find lithium to feed those battery factories for 5-10 years but would it end so shortly? No, those factories are being build for at least 20-30 years, maybe more.

    That is the question comes from; Where will Tesla get so much lithium?

    Why is Tesla not taking over ALB as it's the largest lithium producer in the world?

    If ALB is not a good match for Tesla, then why is Tesla not taking over LTR?

    Time will tell.
    We just wait with our golden shares in hand

 
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