TSXV:GIGA - Post Discussion
Post by
calgaryfine on Sep 23, 2020 12:16am
It's nickel and lithium; mainly nickel
https://www.kitco.com/news/2020-09-22/Elon-Musk-sees-big-target-in-mining-costs.html
[Musk and Bragnila imagine Tesla factories processing raw nickel powder for processing.
"Raw materials from a mine go to the plant and out comes a battery," said Bragnila."
"At three terawatt-hours of battery cells per annum by 2030, that would entail approximately annual consumption of 2 million tonnes of nickel. That's almost the entire scale of the current global nickel output," said Turenne.]
The anticipated demand for nickel is enormous.
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