Atacama Resources International Inc (ACRL)

[kinglord]

Lithium surpassing US$13,000/ton."

So where does that leave us with Tesla? Elon Musk ambitiously aims at producing 500,000 electric vehicles a year by 2018, and Tesla has repeatedly stated that the cobalt will be sourced exclusively in North America. Whether this is a realistic assumption is a different story.

That’s a lot of “ifs,” I grant you that. Tesla is entering an age of supply chain transparency, as Simon Moores from Benchmark Intelligence states, and it wouldn’t hurt to see more communication from Tesla on that front. However, there are many factors that could be part of a complex cobalt equation. I wouldn’t go as far as surrender already and turn into a structural Tesla bear.

ACRL is going to obtain the contract. once we do no longer will we be in the penny's