Where will all the Lithium come from ?? Earlier this summer it was reported that LG Chem was considering a second U.S. battery manufacturing plant to supply Volvo, among other potential customers.
And earlier this year South Korean rival SK Innovation broke ground on a $1.7 billion battery plant in Georgia, expected to supply Mercedes-Benz and Volkswagen, among others.
So if we have L G Chem building another plant .. that will make 4 battery plants in the USA.. and almost all the Lithium from other countries for use here in North America will have to be imported
" Cypress Developments (CYP-X ) could be the saving answer to someone needing a Long Term and Stable 40 year plus Lithium producer for the USA and the North American battery production.