Post by
lithomon on Mar 31, 2022 7:59pm
Tesla "Lithium" JV Announcement
Tesla JV Lithium agreement with Lithium Americas is highly probable sooner than later as TESLA is now in discussions for Canadian "sulphide" nickel with Vale (in Frontier Lithium's backyard) in Sudbury, Ontario Canada. It's widely known that sulphide nickel is a premium nickel for EV batteries which is readily available in great abundance in the Sudbury Canadian basin formation.
With the construction of a new Lithium deposit well advanced and moving into production in 2022 and the ongoing development of the world's largest Lithium clay deposit in Telsa's Gigafactory back yard in Nevada, agreed, one can envision a Lithium Americas/Tesla Lithium JV agreement.
With a market capitalization approaching $7 Billion and well over $500 million of cash in the treasury, LAC is poised to significantly grow its Lithium value internally by production operations, as well as, by acquisition of "key" Lithium developments of large & widespread Lithium formations in excellent mining friendly jurisdictions, particularly Lithium developers currently trading at highly discounted share price valuations to its Net Asset Valuation.
Comment by
Stockholder2008 on Apr 01, 2022 6:24am
BS. Just about anyone else for a Joint Venture partner would be acceptable, BUT definitely not TESLA!!!