Mining for battery materials can be a touchy subject. The haters and the people who stand to lose money in the transition to clean energy love to bring it up. They normally don’t care one bit about the environmental impacts of things (or they wouldn’t support the oil and coal … [continued]
CNN reported that Tesla’s stock surge isn’t just making Elon Musk and Tesla investors rich — it’s affecting other industries as well. Investors who are focusing on other industries, such as lithium and batteries, are also benefitting from Tesla’s success
A couple of mid-term and long-term targets are often expressed by people who follow this industry closely: 50% EV market share by 2025 and 100% by 2030. ZETA is committed to achieving the latter in the USA.
Earlier this month, Tesla and Piedmont Lithium signed a five-year agreement. In this agreement, Tesla will purchase spodumene concentrate (SC6), which is vital for manufacturing lithium-ion batteries.
Tesla has agreed in principle to a a 5 year deal with Piedmont Lithium and is report to be interested in investing in LG Chem’s new battery division.
