The bottleneck might not be the plant size for final assembly. That's a lot of lithium batteries to make. I hope this leads to lithium battery recycling.
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"Don't disturb my circles." translation of Archimedes last words
Automotive lithium batteries will have a high recycle ratio, since the aluminium and lithium are present in large amounts and will be salvaged as the battery is replaced or the entire car scrapped.
most of their batteries still come from Japan/Panasonic. in a year or so the Giga will be in production, once up battery costs should drop 30%...the most costly component of the cars. if you read the included link they have about 400K reservations.....at full tilt they currently project over 200K units/yr out of Fremont . I think they need further capacity
that stock is valued as if it was actually a company making a profit, in fact they lose over 20 Grand per model S right now. it isn't in the right place in the cycle for a short-term trader like me..........it will take years before the numbers make sense. but I'm a mega fan of the tech
...."The four companies that currently control the lithium space - Albermarle (ALB) in Chile and Nevada; SQM (SQM) in Chile; FMC (FMC) in Argentina; and Sichuan Tianqi in China - are about to make way for the new entrants.
And when it comes to new entrants, the biggest market share will be scooped up by those who can come up with the most lithium sourced from the brine. That means getting in on the new game in Nevada, but perhaps more importantly, securing positions in the bigger venues, particularly in Argentina.
Within the Lithium Triangle, it's all about Argentina right now. Chile is not granting any new concessions, and opposition in Bolivia has led to a suspension of lithium mining. Argentina has recently announced a deal with creditors to repay debt stemming from the country's 2001-2002 default, paving the way for Argentina's return to global financial markets.
And the Argentina lithium rush is already in full swing, with miners eyeing resources of up to 128 million tons of lithium carbonate.
Investors have been pouring into this sector, according to Argentine Mining Secretary Jorge Mayoral, who recently noted that "all the big auto makers have been present in Argentina trying to get a foot in lithium development", including Toyota, Mitsubishi and Posco."...