Musk tamps down speculation that Tesla will mine lithium
The “limiting factor” is refining lithium, not actually finding it, as no country has a monopoly on deposits, Musk said.
The “limiting factor” is refining lithium, not actually finding it, as no country has a monopoly on deposits, Musk said.
A junior resource company’s place in the mining food chain is to acquire projects and make discoveries.
China's manufacturing purchasing managers' index (PMI) climbed to 52.6 last month, the highest reading since April 2012.
The US said on Friday it would impose a 200% tariff on aluminum and derivatives produced in Russia from March 10.
The Australian firm has bought Britishvolt, which planned a battery factory in the UK to power EVs, out of administration.
Car companies are making inroads into the mining industry to lock in supplies of much-needed materials, putting them in direct competition with large, deal-hungry metals producers.
Arca was named as one of Canada’s most investable cleantech ventures and won a $1 million award from XPRIZE and the Musk Foundation in a carbon removal competition.
The company also shared over C$330 million with its shareholders in dividends and share buybacks.
The mining company plans to start producing lithium in early 2024 at the Centenario deposit.
China's Yunnan province has asked aluminum producers to reduce power consumption by 40-42% from September levels.