Benchmark Mineral Intelligence monitors and advises the global battery industry. They gave their reaction to Tesla anode and cathode and lithium announcements.
The World produced 180 GWh of batteries in 2019.
Tesla is going upstream in the battery supply chain. This will change the world from a China-dominated battery supply chain.
Piedmont Lithium Limited has entered into a five-year deal to supply Tesla with spodumene concentrate (“SC6”) from Piedmont’s North Carolina deposit.
Benchmark Minerals Intelligence does not know how Tesla would be able to eliminate the steps in battery production or make the silicon cathode or the anode.
Tesla’s announcements are an earthquake for the battery supply chain and the mines and suppliers.
SOURCES- Benchmark Mineral Intelligence, Tesla, MeetKevin
Written By Brian Wang, Nextbigfuture.com (Brian owns shares of Tesla)
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
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