My theory now. It was a simple buyout by Tesla anyway, but now a path is appearing.
1 - Buyout Piedmont on DFS news May June July.
2 - Secures Sayona 3 lithium hard rock mines in the process.
3 - Land bought near Raleigh, North Carolina and already
advertising for battery engineers.
Theory :-
All production from Piedmont shipped by rail as LCE to Texas.
At the Tesla Texas plant LCE converted to Lithium Hydroxide.
What about the 3 Lithium Mines of Sayona ?
Ship as expected the LCE Rock Lithium from Sayona mines.
Process at new Raleigh Battery plant and export to Cali & EU.
There is NOT ENOUGH lithium in the EU supply chain to even provide just for TESLA ! That excludes ALL the German, French, UK, Scandi car makers from day 1.
This is now a Mega play and a serious buy.
Not financial advice, please do your own research and do not listen to the above. DYOR.
TESLA - GAME CHANGING NEWS !!!, page-2
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