Lithium Americas Corp (LAAC)

[overlordpeter]

shipping lithium to the new Tesla's Gigafactory will factor into there buying of materials.If you look at the location of the man suppliers of lithium on this link http://minerals.usgs.gov/minerals/pubs/commodity/lithium/mcs-2013-lithi.pdf

There is a major cost to ship from them locations. Tesla is focused on being able reduce the cost of there battery packs by at least a third.

With the oil price lower this should help Tesla during the construction of gigafactory , earth moving concrete building materials all will benefit from lower oil prices.

Lower gas prices I dont think factor into there car sale price.When you can buy a direct drive EV that goes 0-60 in under 3.5 seconds for under 35000 dollars I do not think anyone will car about saving a tree or the Ozone.

With Western Lithium only 200 miles from the plant the cost to ship 1 Ton of lithium is at least a third less than these other location.

Now also drilling mud and saving money.cost of the drilling fluid is typically about 5 to 10% (may vary greatly) of the total cost of drilling a well, and demands competent mud engineers. Large cost savings result when the mud engineer and fluid performs adequately.