Elon Musk says Tesla open to buying a mining company
While the auto giant has EV metals contracts with suppliers across the globe, its goal to produce 20 million vehicles annually by 2030 will require vastly more supplies of metals.
Exactly six months after hinting at the possibility of opening shop in Chile, MGX Minerals is acquiring 50 per cent of the issued shares of Chilean Lithium Salars.
For the International Energy Agency, having the Democratic Republic of Congo as the supplier of almost 60 per cent of the global production of cobalt is a risky business.