Link to the above
Link to a thread - The tight supply of raw materials will be the main bottleneck to Tesla's 50%/yr vehicle growth target this decade.
Musk was interviewed a couple of days ago & has indicated that ....
"But it is looking increasingly like […] that Tesla will need to get into the Mining Business"
Another graphic which is relevant for where LKE are today is this.
Those 5 years to progress the Mining Supply step, well with years of proof of process data, a demo plant built & producing at spec, the team Lake have put together including their associations with engineering service providers (Hatch), equipment suppliers, subject matter experts & their partners, of which the Sprott backed arm, SK On are a big part, not to mention the recent trip to Australia with a delegation from Argentina (the country really wants to develop it's Lithium industry), this is my take below of where Kachi is at.
Raw data Source : Benchmark Minerals
SK On - SK Innovation started the development of lithium-ion batteries for hybrid electric vehicles in 2005 and moved on to production in 2006. The first milestone came in 2010, when we were selected as a battery provider for Hyundai’s BlueOn, Korea’s first electric vehicle, and Kia’s Ray.
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