Billionaire entrepreneur Elon Musk has proposed that Tesla might have to begin mining lithium, a critical element in electric vehicle batteries, given the skyrocketing prices of the chemical element. In 2012, a ton of lithium cost $4,450. A decade later, in 2022, the price surged to $78,032 per ton, an increase of more than 1,650…
Elon Musk Wants Tesla to Mine Lithium Due to 359 Percent Year-on-Year Price Hike
April 26, 2022
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Mexico Plans State Lithium Company, Questions Chinese Mine
MEXICO CITY—Mexico’s president said Wednesday he will create a state-owned company to mine lithium and appeared to suggest he will seek to cancel one of the few existing permits held by a Chinese company. President Andrés Manuel López Obrador had said in October that he wants to declare lithium a “strategic mineral” and reserve future…
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