Lars Carlstrom announces launch of Statevolt to develop 54GWh Gigafactory in California
"Lars Carlstrom, the founder-CEO of Italvolt, has today announced the launch of a new company, Statevolt, which will construct a 54GWh Gigafactory in Imperial Valley, southern California with an expected CapEx of $4 billion. To launch the new facility, Statevolt has also signed a Letter of Intent (LOI) with Controlled Thermal Resources (CTR)."
"Statevolt's planned partnership with CTR brings a new, 'hyper-local' sustainable business model for lithium-ion battery development in the U.S. The arrangement is one of the first of its kind in the world and will see the business source its key feedstock, lithium, and its power from local resources, in order to minimize the environmental impact of production and build a more sustainable and secure supply chain. Simultaneously it will help facilitate the development of a micro-industry in the area, delivering up to 2,500 direct jobs for Imperial Valley and the region more widely."
AZL has the "hyper-local" market covered in Arizona. This will be a big selling point for all stakeholders in the lithium space.
- Forums
- ASX - By Stock
- AZL
- AZL General Discussion
AZL General Discussion, page-7570
-
-
- There are more pages in this discussion • 15,353 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AZL (ASX) to my watchlist
|
|||||
Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.10M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.4¢ | $11.33K | 802.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 3779048 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 2117481 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 3779048 | 0.014 |
22 | 5764943 | 0.013 |
9 | 9978724 | 0.012 |
11 | 6955090 | 0.011 |
11 | 5105000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 2117481 | 17 |
0.016 | 10021474 | 26 |
0.017 | 1378128 | 12 |
0.018 | 3476990 | 12 |
0.019 | 1904989 | 6 |
Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
Featured News
AZL (ASX) Chart |