Old news9 Apr 2019 17:42
can you guys shed light on this is Tesla still in the picture?
http://fortune.com/2016/06/06/lithium-price-tesla-metal-future/
Tesla seems to be placing its faith in a new generation of producers, signing prospective off-take agreements with Bacanora Minerals, owner of the Sonora project in Mexico, and with Pure Energy Minerals, which is working on the Clayton Valley project in Nevada.
Interestingly, in announcing these deals, both miners said that material would be supplied at a predetermined level below current market pricing in alignment with Tesla’s goal to reduce the cost of its batteries.
FUTURE UNCERTAIN
There is no shortage of other companies staking their claims to profit from the expected lithium rush.