tldrdaily.news logo
Tag

Lithium Refinery

All articles tagged with #lithium refinery

business2 years ago

Elon Musk and Tesla Break Ground on Texas Lithium Refinery, Signaling Shift to Battery Dominance.

Tesla has broken ground on a lithium refinery in Texas that will produce enough of the battery metal to build about 1 million electric vehicles by 2025, making it the largest North American processor of the material. The move will make Tesla the only major automaker in North America that will refine its own lithium. The facility will use materials that are less harsh on the environment, such as soda ash, and eschew the conventional refining process that relies on sulfuric acid and other strong chemicals.

via Reuters|
#business#electric-vehicles#lithium-refinery
business2 years ago

Tesla's Texas Lithium Refinery Signals Big Move in Battery Industry.

Tesla is building a $375 million lithium refinery near Corpus Christi, Texas, which is expected to be finished next year and in full production a year later. The refinery will help Tesla ramp up production and address a fundamental choke point in the advancement of electric vehicles. The company is trying new technologies that would use less energy, boost efficiency, and create a cleaner byproduct. The refinery will have no toxic emissions and could be used for construction materials.

via Houston Chronicle |
#business#clean-energy#lithium-refinery
business2 years ago

Tesla and Texas officials break ground on new lithium refinery to support 1M EVs.

Tesla has broken ground on a lithium refinery in Texas, which will produce enough battery grade lithium for 1 million electric vehicles by 2025. The refinery will make Tesla the largest processor of lithium in North America. Lithium is a critical material in lithium-ion batteries that power electric vehicles. Tesla will invest $375 million to build the facility, which is its latest expansion into Texas. The automaker aims to finish construction next year, with full-scale production slated for 2025.

via TechCrunch|
#battery-materials#business#electric-vehicles
business2 years ago

Tesla's Texas Facility Breaks Ground with Elon Musk and Greg Abbott.

Tesla CEO Elon Musk celebrated the groundbreaking of the company's new lithium refinery in Texas, which will produce lithium for "about a million vehicles" and have more lithium refining capacity than "the rest of North American refining capacity combined." The facility will help Tesla address supply chain chokepoints in refining battery-grade lithium. The lithium refinery will be located outside Robstown, Texas, near Corpus Christi, and tax revenue from the facility will fund the local school district.

via Fox Business|
#business#elon-musk#lithium-refinery
business2 years ago

Tesla and Texas officials start construction on lithium refinery.

Tesla CEO Elon Musk and Texas Governor Greg Abbott broke ground on the company's new lithium refinery in Corpus Christi, which will help secure a domestic supply of lithium hydroxide for its electric vehicles and home- and utility-scale batteries. Tesla plans to invest $375 million to build the facility, which will produce enough battery-grade lithium to manufacture one million vehicles per year. The company promised that its innovative process will consume less hazardous reagents and create usable byproducts compared to the conventional process.

via CNBC|
#battery-materials#business#electric-vehicles
business2 years ago

Tesla's new Lithium Refinery to support 1 million electric cars.

Tesla has broken ground at its new Lithium Refinery outside Corpus Christie, Texas, with plans to produce enough battery-grade lithium to support the production of 1 million electric cars annually. The company plans to invest $365 million in the plant, which will employ about 165 people full-time and another 250 construction jobs for about two years. Tesla plans to pioneer a new production technology to push the industry to be more efficient, cutting several steps in the process and reducing waste.

via Electrek.co|
#business#electric-cars#gigafactory-texas
business2 years ago

Warren Buffett's Views on Tesla and the EV Market

Tesla's stock continues to rebound as Warren Buffett praises CEO Elon Musk during Berkshire Hathaway's annual shareholders meeting. Meanwhile, Tesla is set to hold a ceremony at its new lithium refinery in Texas, which is expected to begin processing raw lithium by the end of 2023. The stock is still below its 50-day and 200-day lines, but could potentially form a double-bottom base with a 207.89 buy point.

via Investor's Business Daily|
#business#elon-musk#lithium-refinery
business2 years ago

Tesla begins construction on $375M Texas lithium refinery.

Tesla is set to hold a groundbreaking ceremony for its $375 million lithium refinery in Texas, which will produce battery-grade lithium and is expected to start operations by the end of 2023 with a capacity of 50 GWh per year. Texas Governor Greg Abbott has praised the facility, emphasizing the importance of the lithium refinery to Texas’ state strategy and the need for the state to be more self-reliant in producing and refining lithium. The facility will benefit the Robstown Independent School District by generating tax revenue from its operations.

via TESLARATI|
#battery-production#business#greg-abbott
business2 years ago

Tesla breaks ground on $375M Texas lithium refinery.

Tesla will hold a groundbreaking ceremony for their upcoming $375 million lithium refinery in Robstown, Texas on Monday. The facility will refine battery-grade lithium hydroxide and be the first of its kind in North America. The project will create 250 jobs during construction and another 162 high-paying permanent jobs once operational. Elon Musk has been vocal about the need for more lithium refineries, calling it a "license to print money."

via Drive Tesla Canada|
#business#elon-musk#job-creation