By Tom Ozimek
Tesla CEO Elon Musk has confirmed that the company is pressing ahead with plans to build a lithium refinery in Texas to boost domestic production of the key commodity used in electric vehicle batteries.
Musk made the remarks during a Tesla earnings call on Oct. 19, during which he called battery-grade lithium “crazy expensive” and called for an expedited permitting process for mines of commodities that he said are “critical to a sustainable energy future.”
“The suggestion that we have is that there should be an expedited permitting process for anything which is critical to a sustainable energy future. So, it doesn’t make sense to put like a coal mine and a sustainable energy battery like lithium mine in the same category,” Musk said.
“And by the way, you can extract lithium with almost no disturbance to the local environment. So, it’s not actually an ugly, nasty mine situation,” he added.
The Tesla chief then confirmed plans to build a lithium refinery near Corpus Christi, Texas.
For months, Tesla had been weighing the lithium refinery project in a bid to secure the supply of the precious material used to make electric car batteries. China is currently the biggest processor and exporter of lithium.
Tesla filed an application with the Texas Comptroller’s Office on Aug. 22 (pdf), describing the lithium refinery as the first of its kind in North America.
If Texas authorities approve the proposal, construction could begin in the fourth quarter of this year, with the plant coming into full operation by the end of 2024.
Tesla has also said it was planning the development of more facilities in the United States to expand its battery materials processing, refining, manufacturing, and ancillary manufacturing operations to support its manufacturing base.
The Biden administration has been encouraging battery makers to move production back to the United States. It has also implemented stricter regulations and tightened tax credit eligibility in a recently passed bill to counter China’s dominance in this area.
Lithium prices have skyrocketed this year after surging demand from the auto sector and supply chain issues from lockdowns in China, which have left automakers scrambling to sign deals with alternative mining companies and refiners.
Bryan Jung contributed to this report.
Affiliate News Feeds
- Washington Examiner
- The Federalist
- The Epoch Times
- The Guardian
- The Gateway Pundit
- Judicial Watch
By Tom Ozimek Protesters claiming voter disenfranchisement and a stolen election rallied near the Arizona state Capitol on Friday, demanding that the planned Nov. 28 certification of the 2022 election be halted and a… [...]
By Tom Ozimek Thin crowds of inflation-weary shoppers hunted for Black Friday deals, with foot traffic remaining sparse in many malls across the country as Americans instead flocked online, where… [...]
Custom website and graphic designer Lorie Smith doesn't want to be forced to create websites for same-sex weddings due to her Christian faith, an issue the Supreme Court will debate… [...]
You might be hard-pressed to come by Santa this year — just another long-term effect of the pandemic wreaking havoc on employee shortages. The average working Santa is of a… [...]
Advent draws us away from the spirit-stifling societal frenzy and into the quiet, where we can commune with God. [...]
YouTube deleted the video comparing Trump's statements questioning the 2020 election results to Democrats questioning the 2016 contest. [...]
PHOENIX, Ariz.—They came. They sat. They protested, and they left. Few in attendance expected the disappointingly low turnout at a well publicized “sit-in” demonstration to demand a new midterm election… [...]
California Gov. Gavin Newsom talked about his plan for 2024 recently during an interview with Politico, as speculation circulated that he will run. Newsom, 55, reportedly told the White House… [...]
First such accord after leaving EU was predicted to bring £15bn boost but UK now lags rivalsThe first major free trade agreement signed by Britain after Brexit has been branded… [...]
Findings come amid mounting evidence that the poorest people in the UK are paying a ‘poverty premium’ for basic servicesMillions of households will be paying almost a third of their… [...]
The new Republican controlled House is going to engage in a number of investigations. Rep. Steve Scalise, who is going to be the new majority leader recently detailed the topics… [...]
Neoconservative war hawk John Bolton is trashing former President Donald Trump and championing Florida Governor Ron DeSantis for the White House in 2024. Trump has already announced his candidacy, while… [...]
From Washington Examiner: San Francisco’s district attorney has refused to release public documents and video of Paul Pelosi’s attack to conservative watchdog Judicial Watch, instead directing the group to a… [...]