Lithium Americas Corp (LAAC)

[overlordpeter]

Is there enough lithium to feed Tesla’s Giga Factory?

Tesla’s battery supplier, has imported a lot of lithium from Chinese suppliers recently. In the second half of 2014, lithium exports to Japan from China rose sharply. However, the cost of lithium supplied-which is extracted from the spodumene ore-is much higher than the lithium extracted from lithium carbonate.

historically, the lithium quality from Chinese suppliers has not met the standards required for car batteries. Chinese producers will have to improve the quality to meet the specifications from Panasonic, adding more complexity to their supply chain.

SQM stock is also not stable and the other lithium stock locations are not in the best placement to lower prices.

WLCDF has produced 99.8% high quality lithium carbonate in its first trial run while commissioning its demonstration plant in Germany.

According to a report from Reuters, BYD aims to sharply increase output at its own lithium-ion battery plant over the next few years, as it gears up to meet increasing global demand.This will also ad to looking at the location of Western Lithium.

Note I am long on this stock and think its shizzle.