Tesla Aquires MORE Land In Texas To Build Lithium Hydroxide Refinery

A recent report from market intelligence publisher Benchmark Mineral Intelligence has revealed that Tesla is poised to build a lithium hydroxide chemical plant in Texas. The lithium hydroxide refinery will reportedly be situated in Texas, and it will be used to feed the upcoming Cybertruck Gigafactory.

The spodumene conversion facility will be built adjacent to Gigafactory Texas, and based on Benchmark Minerals’ report, the facility has a target date of Q4 2022 for its start of operations. This is a notably aggressive timeframe for such a facility, though it is something distinctly Tesla. Ultimately, the lithium hydroxide refinery will add to Tesla’s plans to set up a cathode facility in Texas, which Elon Musk has described as part of the electric car maker’s cell production plan.

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mre30 - 9/28/2020 11:51:22 AM

+1 Boost

Snowflakes...sooth yourself into bliss thinking about how 'eco-friendly' your Tesla EV is!

To keep the illusion sustained...just put out of your mind that a "Lithium Hydroxide Refinery" is required to produce your green product dream-car.

WTF is a "Lithium Hydroxide Refinery" and what happens to the waste generated while refining Lithium Hydroxide? Well I guess in Texas they just dig a hole "out back" and bury it all without a second thought.

Agent009 - 9/28/2020 1:13:44 PM

+1 Boost

That will be an interesting mix. Austin is pretty strict on environmental controls

Section_31_JTK - 9/28/2020 3:49:26 PM

0 Boost

On battery day Elon claimed that Tesla has bought a large Lithium mine in Nevada. He claims the process of lithium extraction will be environmental friendly, something I find hard to believe. I hope it's true though. We need to stop depending on China for our lithium.

SanJoseDriver - 10/5/2020 5:06:23 AM

+1 Boost

From my understanding the plan is to dig a large piece of land, use salt and other minerals to extract the lithium, and then drop that piece of land back in the same place.

The caveat is no one has done it like this before, so it might not work. It would be far less invasive than traditional lithium mines which create massive craters in the ground.

SanJoseDriver - 10/6/2020 8:27:55 PM

+1 Boost

They have like $13B in debt (which includes capital assets with 20+ year useful lives) and about the same in cash on hand.