Nemaska Lithium Inc NMKEF

Tesla’s Powerwall battery production requires ‘super-charged

[Bluebirds]

Tesla 2nd Quarter Earnings Report today. Gigafactory update expected after hours - should keep lithium in the spotlight!

https://www.renewableenergyfocus.com/view/42710/tesla-s-powerwall-battery-production-requires-super-charged-supply-chain/

While Lithium in its natural form exists in ample quantities across a number of countries including Chile, Peru and Bolivia, ensuring the required level of extraction is key. With many commentators predicting a ‘lithium gold rush’ over the next few years, Tesla should act now to engage with Governments and mining companies, providing a commitment in terms of investment and demand to give them the time required to step up production. Building a strong relationship with suppliers early on will ensure a steady supply of lithium and eliminate the risks of inflated costs caused by increased market demand.