The Latest Breaking News from lithium

The Chapter 313 program was designed to draw business to the state, but critics say it lacks accountability and unduly burdens taxpayers. Tesla and other companies hope to take advantage of the tax incentive ahead of the program’s expiration at the end of the year.

Tesla Inc. is plotting a potential lithium refinery on the gulf coast of Texas, a move that would bolster the company’s battery-production efforts and further expand its footprint in the state.

It would come as no surprise if Tesla got into the mining and/or refining of lithium. It has a reputation for doing as much as possible "in-house."

Bloomberg When The Bank Error Is Not In Your Favor: Pay Back $500 Million

Most automakers are beginning to move forward with EVs, but there's simply not enough lithium to go around, especially not in the US, at least for now,

BOYNTON BEACH, Fla. — Global revenue in the electric vehicle market is projected to exceed $384 billion in 2022, making lithium-ion batteries one of the planet’s most desired commodities – and China, Australia, and the U.S. are vying for their share.

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Stewart Dickson runs Weardale Lithium which has plans that could create north of 100 jobs in the region

Billions of dollars of iron ore leaves Port Hedland every year, but none of it is processed on shore. Can the town now seize its share of the global battery market?

Not all locals are happy about it

Two electrifying moves in recent weeks have the potential to ignite electric vehicle demand in the United States. First, Congress passed the Inflation Reduction Act, expanding federal tax rebates for EV purchases. Then California approved rules to ban the sale of new gasoline-powered cars by 2035.