Major new Tesla product line -- not a car -- will be unveiled at our Hawthorne Design Studio on Thurs 8pm, April 30Th - is may be what Tesla's mystery product is - he explained back in February that Tesla was working on a battery that collects energy from the sun during the day and stores it for use at night when people are home -
“We’re going to unveil the Tesla home battery, or consumer battery, that will be for use in people’s houses or businesses, fairly soon,” Musk was quoted as saying. He told more to Bloomberg: “We have the design done, and it should start going into production in about six months or so. It’s really great.”
Tesla Motors Cobalt Needs; RE: has an even bigger upstream problem than the first two, because 55% of the world's cobalt now comes from the Democratic Republic of the Congo. In the rest of the world, there's a selection of very small producers, and their output is overwhelmingly a byproduct -
Nama Cobalt Project Nama Group of Licences - Zambia This group of five contiguous licences covers an area of 1,150 square kilometres on the northern extension of the Zambian Copperbelt and hosts open-pittable near-surface low grade cobalt /copper mineralization.
Property: Caledonia Nama Limited - a wholly owned subsidiary of Caledonia, holds five contiguous exploration licences in northern Zambia which host near-surface cobalt/copper mineralization.
This area lies immediately north west of the operating Konkola Copper mine and adjoins the extensive holdings of Teal Mining and Exploration Limited.
Caledonia's cobalt property is called the Nama Cobalt Project.
The NI-43-101 technical report concluded that the combined Indicated Resource for #1 Anomalies A and C at Nama - is estimated as 121,874,000 tonnes with a weighted average grade of 0.047% Co and 0.043% Cu. The Nickle portion is approximately 0.015%.
This is #1 Anomalies A and C at Nama - small area of a the large rich copperbelt property - only one of Caledonia's many properties -
This property alone has an estimated resource of - 114,561,560 lbs of cobalt - 104,811,640 lbs of copper - and 36,562,200 lbs of nickel - At today's prices of $46.25/lb for cobalt - $3.27/lb for copper - $13.26/lb for nickel - the marketbust.com - estimated total ore-value - of $6,126,020,985 U.S. dollars - http://www.marketbust.com/2008/01/cobalt-and-caledonia-mining-calvf.html