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15 Apr
11:35

Tesla mulls entering lithium mining

Tesla ceo Elon Musk says that its company could enter into lithium mining. The executive director used social media Twitter to comment on the World of Statistics post over the price increase of the material between 2012 ($4,450/tonne) and so far this year ($78,032/t). “Price of lithium has gone to insane levels. Tesla might actually have to get into the mining and refining directly at scale unless costs improve,” wrote Musk on 8 April. “There is…
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