With lithium prices skyrocketing from $17,000 per tonne in 2021 to a whopping $78,032 per tonne in 2022, Tesla CEO Elon Musk thinks the electric vehicle (EV) maker may itself have to get into mining and refining the mineral at scale to keep production costs in check. “Price of lithium has gone to insane levels! […]
According to Reuters, the Canadian government has moved to sure-up its defenses against takeovers of and foreign investment into companies mining critical minerals and Canada’s critical mineral supply chain as a whole. The move preempts major demand for metals to produce electric vehicles. Earlier this month, Canada named 31 minerals critical to its economy, including aluminum, […]
