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Giga Metals Corp V.GIGA

Alternate Symbol(s):  GIGGF | V.GIGA.WT.A

Metals & Mining Industrial Metals & Minerals
Giga Metals Corporation is a Canada-based company, which is engaged in the acquisition and exploration of mineral properties in Canada. The Company’s core asset is the Turnagain Project, located in northern British Columbia, which contains one of the few undeveloped sulfide nickel and cobalt resources. The Company has an 85% interest in Hard Creek, which itself has a 100% interest in the Turnagain Nickel Cobalt Project located in the Liard Mining Division in northern British Columbia, approximately 65 km east of Dease Lake. The Turnagain Nickel-Cobalt Project has over 73 mineral claims with a total area of approximately 39,848 ha. It hosts the Horsetrail nickel-cobalt deposit. The Turnagain Nickel property covers the known extent of a zoned, Alaskan-type ultramafic intrusive complex in fault contact with Paleozoic to Early Mesozoic graphitic sedimentary rocks along its northern and eastern margins.


TSXV:GIGA - Post by User

Giga Metals Corp
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Post by Fierzeon Jul 30, 2019 11:10am
96 Views
Post# 29974827

Tesla plans to produce 1 TWh of batteries per year (!)

Tesla plans to produce 1 TWh of batteries per year (!)This is big.

https://electrek.co/2019/07/25/tesla-plans-massive-production-battery-cells-delays-unveiling/

During a conference call following the release of Tesla’s Q2 2019 financial results, CEO Elon Musk confirmed that during a coming investor day, the company will include a “manufacturing plan” for the production of “a terawatt-hour” of battery cells per year. 

To put this into perspective, one terawatt-hour is around 35 TIMES MORE battery capacity than is currently being produced at the Tesla Gigafactory. It would mean more battery cell production capacity than the entire world right now several times over.

One terawatt-hour would correspond to something like 700 000 tonnes of nickel, if you assume 50 kilos of nickel per vehicle. This would be 30 percent of the entire global nickel market today- just from one single company. 

Wow.
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