Tesla (TSLA) secures lithium supply from upcoming mine in Australia
February 16, 2022
Tesla (TSLA) has signed a contract to secure lithium supply from an upcoming mine in Australia developed by Liontown.
The critical material to battery production is expected to start flowing in 2024.
With the rise in popularity of electric vehicles, several critical materials to battery production, like nickel, lithium, and cobalt, are becoming bottlenecks in growing the overall EV production…