Tesla’s battery metals bill balloons to $100 billion

The “limiting factor” is refining lithium, not actually finding it, as no country has a monopoly on deposits, Musk said.

Company says it puts it into the league of the largest undeveloped nickel deposits in the world.

A junior resource company’s place in the mining food chain is to acquire projects and make discoveries.

Advance Lithium has a group of lithium and potassium salars/salt lakes in central Mexico.

Automakers have been pushing into mining more aggressively to lock in supply for batteries.

Yichun suspended all lithium mining late last week to crack down on criminal activity.

The deposit now holds 18.8 million tonnes averaging 1.52% of lithium oxide in the indicated category, up from 14.4 million tonnes.

Rare discounts offered by Chinese battery giant CATL to automakers have accelerated a plunge in lithium prices.

Inferred resource has an estimated 15.8 million tonnes of lithium carbonate equivalent, American Battery Technology Company said.