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Lifton and Weslosky the Tesla Gigafactory visavis Graphite

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Lifton and Weslosky on Noyrez’s departure from Lynas, the Tesla Gigafactory and the critical materials market today

June 16, 2014 — From Eric Noyrez’s departure from Lynas to the Tesla Gigafactory and antimony — Tracy Weslosky, Editor-in-Chief and Publisher of InvestorIntel and Jack Lifton, Founding Principal of Technology Metals Research (TMR), LLC talk about the critical materials sector and where it is headed in this week’s InvestorIntelReport...

...Tracy and Jack also talk about Tesla Motors and how their electric car ‘revolution’ and battery ‘gigafactory’ plans have favored the shares of many graphite plays. For his part, Jack is surprised that Tesla has already managed to raise some three and a half billion out of the five billion they need to build their factory. Jack also notes that Tesla is looking at Reno, Nevada as one of their locations. Jack says that the availability of rare earths is trivial, at best, in Tesla’s location scouting considerations; they have a very high concern for such materials as cobalt, lithium and graphite. In fact, Jack says, given the number of cars and batteries that Tesla intends to produce, the ‘gigafactory’ may end up consuming “about 25 percent of the world’s lithium resources and a good percentage of graphite; given that this is ‘new use’, it would drive new mining and refining”...

See link for rest of article.

https://investorintel.com/rare-earth-intel/noyrez-departure-lynas-tesla-gigafactory-lead-investorintelreport-week-review/