During Tesla’s most recent shareholder meeting, Elon said the company might get into another line of business — mining. He implied that taking control of the supply chain for the raw minerals used in its batteries might be a necessity as Tesla scales up production and adds more vehicles to its lineup.
At a closed-door meeting for the mining industry, regulators, and lawmakers in Washington, D.C., last week, sources tell Reuters that Sarah Maryssael, Tesla’s global supply manager for battery metals, said the company foresees a shortage of several minerals vital to electric vehicle production. Tesla is, thus, calling for more investment in the mining sector to stave off the coming shortages.
Despite some expectations to the contrary amongst some stock traders and associated firms, the widespread adoption of plug-in electric vehicles won’t lead to copper supply shortages anytime soon, according to CRU analysts.
Episode #47 of Cleantech Talk is here! This episode covers cobalt, EV batteries, BMW batteries, Tesla batteries, and Car2Go.
Within the next few months, the Chile-based, state-run firm Codelco will begin selling copper priced so as to take the environmental footprint of production into account, Codelco chairman Oscar Landerretche has revealed.
Inventories of non-ferrous metals may be boosted significantly in South Korea beginning next year, owing to the expectation of fast growing demand for electric vehicles, the country’s Public Procurement Service (PPS) has revealed.
An exec of one the top mining firms in the world, BHP, was quoted on Tuesday as saying that 2017 represented the “tipping point” for electric vehicle adoption.
Researchers in Canada and China have discovered new ways to make sustainable metals and reclaim scrap metal for battery electrodes.
Peru’s Environment Ministry has issued a decree proposing that the country’s environmental quality standards be lowered in a bid to attract a buyer/operator for a polymetallic smelter located there — as part of President Pablo Kuczynski’s efforts to add refining capacity to the country’s copper export sector (the second largest in the world).
More EV news for you EV addicts: The Illinois Solar Energy Association is raffling off a Tesla Model S. The price to enter the raffle is just $100, and only 2000 tickets will be sold. (EV Obsession) A BYD electric bus was recently driven for 24 hours straight on a … [continued]
