![](https://investorshub.advfn.com/uicon/170585.png?cb=1715106542)
Monday, June 21, 2021 1:04:04 AM
1) It will be at least years before that massive site is operational.
2) Elon Musk is not the only one that needs lithium.
3) That 100,000 acre site will only handle a small part of Tesla's growth needs.
4) US wants to get away from reliance on China for REEs and Lithium and other key elements.....China is raising prices, and By Us law now the US gov must nurture and fund expansion of of US production of key materials like REEs and Lithium, so US production needs will explode 1000 fold if China stops supplying the US, or the tariff wars get worse, etc.
5) Elon Musk could license his version of the new extraction method he has to companies like $NWGC in exchange for first rights to $NWGC production of Lithium at some agreed to price of % of the market price...
6)Others may have similar but slightly different methods of using what Elon Musk is doing.
7) Demand will outstrip supply for years, and Elon Musk is using this new simple table salt method that eliminates dangerous chemicals, and Capex and operational expensive methods and steps, to reduce costs 40% so he drop the cost of low end electric cars.
8) It would be to Elon Musks advantage to license any IP he has to firms like $NWGC so they could supply the 40% cheaper Lithium to just him.
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM