Pure Energy Minerals Ltd (PEMIF)

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Nevada will soon play a major role in supplying lithium to Tesla

“Tesla, a risk-taker and innovator under CEO Elon Musk, is experimenting with new ways to get materials for its batteries and potentially lower its costs. When Tesla chose Nevada for its Gigafactory last year, industry-watchers speculated that the state’s ample lithium supply was one of the attractions,” Fortune wrote.

The Nevada lithium project, which is located 200 miles from Tesla’s Gigafactory in Reno, is still in the early stages of development, with Pure Energy Mineral currently conducting a Preliminary Economic Assessment and Pre-Feasibility Study to confirm the technical feasibility and economic viability of the mine.

https://www.miningglobal.com/technology/nevada-will-soon-play-major-role-supplying-lithium-tesla