Ann: Acquisition of Canadian Lithium Deposits, page-115

Lithium the 21st century hot commodity!!!!


Tesla and Lithium

APRIL 1, 2016
Tesla has started taking orders for the Model 3, its first electric car targeted at the mass market rather than the luxury car market. It was unveiled at a special even in California last night, March 31st, 2016. Tesla’s cars run on lithium-ion batteries. To make enough batteries for their cars, Tesla is building what will be the world’s largest lithium-ion battery factory, Gigafactory 1.




Tesla’s Gigafactory 1 under construction.
To make the batteries, they need large quantities of lithium. They are hoping to get a lot of it from a mine in Nevada, not far from Gigafactory 1. Read more about it here. They will, however, probably need lithium from all over the world.