Critical Reagents Processing Corp (GRXXF)

[TurboRedSquirrel]

The build out of Tesla’s Gigafactory has literally created new demand for lithium ion batteries but unlike the name suggests, these power plants have VERY LIMITED LITHIUM WITHIN THE BATTERIES themselves.

Tesla CEO, Elon Musk said himself, “Lithium is actually 2% of the cell mass, of a lithium ion battery! It sounds like it’s big because it’s called lithium ion but it really should be called nickel-graphite because it’s mostly nickel and graphite.”

Lithium-ion batteries require 20 to 30 times more graphite than lithium.