Tesla Mining News

China’s Ganfeng Lithium lands three-year contract to supply Tesla

Deal will see China’s No.1 producer of lithium supplying 20 percent of its production to the electric cars maker.

Mercedes unveils first Tesla rival in $12B attack

Mercedes-Benz, the world’s largest maker of luxury cars, is rolling out its first in a series of battery-powered models.

Dyson moves ahead on $2.6 billion e-car plan with test track

Dyson Ltd., best known for its vacuum cleaners and hand dryers, is charging ahead with a 2-billion-pound effort to start building electric cars.

Why battery miners are swarming Europe’s biggest rock collection

Being home to Europe’s biggest rock collection has finally come in handy for Sweden

Tesla's battery maker suspends cobalt supplier amid sanctions concern

Panasonic said it was unable to determine how much of the cobalt used in batteries it makes for Tesla cars comes from Cuba.

Bacanora Lithium changes its mind on how to fund flagship Sonora mine

It has decided not to go ahead with a proposed $100-million share sale to help it fund the Mexican project.

Tesla to open Shanghai plant with capacity of 500,000 cars a year

Chinese electric vehicle ecosystem continues to expand.

Northvolt begins building Europe’s largest lithium-ion battery plant

The battery cell maker is working on the first section of the factory, in Skellefteå in the north of Sweden, which will be completed in 2020 and produce eight gigawatt cell capacity per year.

Australia's Kidman Resources to supply lithium hydroxide to Tesla Inc

The deal is for an initial three-year term on a "fixed-price take-or-pay basis."

Tesla delivers bad news for cobalt price, boost for rare earths

Electric vehicle manufacturer has reduced cobalt usage in its batteries by 59%.

VW just gave Tesla a $25 billion battery shock

The world’s largest carmaker will equip 16 factories to produce electric vehicles by the end of 2022, compared with three currently.

Chile open to increasing SQM lithium quota to satisfy Tesla -Corfo

Tesla and SQM were exploring opportunities after Tesla expressed interest in buying "important volumes" of lithium hydroxide from SQM.

Bacanora seeks expansion of German lithium project with newly acquired exploration licence

The Falkenhain deposit, in the German state of Saxony, is located about 5 km from another Bacanora asset in Germany — the 50%-owned Zinnwald lithium project.

Bacanora tanks as president resigns

President and director Martin Vidal has left the post effective November 30.

Tesla completes world's largest lithium-ion battery in less than 100 days

The battery is expected to help power some 30,000 homes in South Australia.

Bacanora Minerals secures land access to flagship lithium project in Mexico

The de-risking milestone is for the company's Sonora project in Mexico, expected to produce 35,000 tonnes a year of lithium carbonate.

Bacanora secures environmental permit for Sonora project in Mexico

Permit lets Bacanora go-ahead with its 35,000tpa (tons per annum) lithium carbonate operation in Mexico.

Mexico's mining sector to reach $17.8bn by 2020 on zinc prices, strong pipeline

Competitive operating costs and supportive government policies are also expected to play a key role in Mexico's mining industry strong recovery.

Bacanora to complete Sonora lithium project feasibility study this year

Final study focuses on a two-phase open pit mine and lithium carbonate processing facility with a life of over 20 years.

Tesla's Musk says Model 3 on track, shares rise

Chief Executive Elon Musk said firm is on track to produce 20,000 per month by December.

Bacanora Minerals soars on deal to supply lithium to Japan’s Hanwa

Transaction will see the Tokyo-based trader acquiring up to 100% of the output coming from Bacanora's Sonora lithium project in Mexico.

Mexico's mining sector to reach $17.8bn by 2020 on the back of silver, zinc prices

The country's sector, dominated by precious metals and zinc, will be well-positioned for the expected price outperformance of these commodities, shows new report.

Bacanora completes drilling at its lithium project in Mexico

The company's stock has fared better than many competitors in the last two years, boosted by the resilience of the lithium price, which has tripled since 2000 regardless of the commodity cycle.

Blackrock backs Bacanora Minerals with $11 million investment

The move by the world's largest asset manager shows increasing interest in the lithium market.

Rio Tinto bets on lithium as Tesla yet to sign major supply deal

The miner is seeking strategic alliances with battery or car manufacturers to underpin the development of its Jadar lithium-borate project in Serbia.