Nemaska Lithium Inc fka NMKEF

[UncleTaff]

Tesla’s Powerwall battery production requires ‘super-charged supply chain'


Tesla 2nd Quarter Earnings Report today. Gigafactory update expected after hours - should keep lithium in the spotlight!

renewableenergyfocus

While Lithium in its natural form exists in ample quantities across a number of countries including Chile, Peru and Bolivia, ensuring the required level of extraction is key. With many commentators predicting a ‘lithium gold rush’ over the next few years, Tesla should act now to engage with Governments and mining companies, providing a commitment in terms of investment and demand to give them the time required to step up production. Building a strong relationship with suppliers early on will ensure a steady supply of lithium and eliminate the risks of inflated costs caused by increased market demand.