Kurt Schlosser, former head of Tesla’s Australian operations, bought shares in Piedmont Lithium after becoming aware that Tesla had reached an agreement with the mining company.

This infographic highlights the five most expensive battery metals as of November 2022 using prices from Shanghai Metals Market.

The company released a prefeasibility study for the project in northern Ontario, showing lower resource grades and a reduced net present value, while dropping a plan to build a refinery.

Spot prices for lithium carbonate in China edged lower on Tuesday to register their first drop since June.

Mexico does not yet have commercial lithium production, though close to a dozen foreign companies hold contracts to explore potential deposits.

The battery-storage market was picked as the sector with the most potential in a Bloomberg News survey.

There are now almost 250 different battery-electric models for sale in China’s passenger car market.

Company has said it wants to build a gigafactory in western Europe and one in eastern Europe.