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08 Oct
14:45

Musk: Mining to predominate for another 30-40 years

It will be some time before battery recycling supplants mining as the primary source of raw materials for the battery supply chain, Tesla frontman Elon Musk said during the company’s 2021 shareholder meeting.  If the entire world vehicle fleet of 2 billion vehicles began converting to electric overnight, the process would still take about 20 years, Musk says.  Current EV market share “rounds down to nothing,” he says - less than 1% of …
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