Li-related News/Articles/Reports, page-70

extract from agy Twitter account referencing metalbulletin.com

”A second miner with a lithium extraction project in Nevada is Australian company Argosy Minerals, which is developing the Tonopah lithium brine project.“We are very positive [about] some of the commentary by Tesla,” a spokesperson for Argosy Minerals told Fastmarkets.“Notably, Tesla directly sourcing lithium chemical products from North America, and specifically Nevada… They said how important it is to source locally for their move into battery cell production,” he added.“The mass production of EVs by Tesla will require a lot more lithium chemical product than is currently produced, and projected to be produced in coming years, so lithium battery-grade demand will increase substantially,” he said. “Other EV manufacturers will also be looking to raise their production rates, which will further increase demand.”