The demand for lithium continues to grow in Arizona with the...

The demand for lithium continues to grow in Arizona with the American Battery Factory been granted approval to develop the largest US gigafactory for lithium iron phosphate battery cells in Tucson.

ABF Selects Tucson AZ for Factory (americanbatteryfactory.com)

Battery factory to be built in Tucson, expected to boost jobs, economy (azcentral.com)

“The site will serve as ABF’s official headquarters and will be the country’s largest gigafactory for the production of lithium iron phosphate (LFP) battery cells at nearly 2 million square feet, providing an estimated $1.2 billion in capital investment, $3.1 billion in economic impact to the state and accelerating the growth of the clean energy economy across the country. Approximately 300 high-paying jobs will be provided in the first phase of the factory’s opening, scaling up to 1,000 cumulative jobs. Positions include operations, production, scientific and technology jobs including research and development, automation and robotics, executive and other headquarter positions.”

“With this announcement, American Battery Factory has elevated Arizona’s reputation as a national epicenter for battery manufacturing,” said Sandra Watson, president & CEO of the Arizona Commerce Authority.

With each passing day the US demand for lithium resources continues to increase with no practical change occurring to its domestic supply side. You don’t need to be student of ECON101 to known that this situation is not sustainable.

Soon the land of opportunity will reward those who dream the same.