Tesla Mining News

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.

Bacanora’s lithium project in Mexico three times richer than thought

The Sonora project holds 5.0 million tonnes of lithium carbonate equivalent, which is 337% higher that the previously reported 1.14 million tonnes.

US Rare Earth Minerals says it has no supply deal with Tesla

The company that sealed the high-profile deal to supply lithium to electric carmaker is in fact London-based Rare Earth Minerals (LON:REM).