Tesla became a mining company

Tesla became a mining company

September 25, 2020 0 By autotimesnews

The carmaker received the rights to a lithium deposit in Nevada

Tesla is not only going to make its own batteries, but also intends to mine lithium for them. The auto concern received the right to develop a deposit in Nevada, the head of Tesla, Ilon Musk, announced at the Battery Day.

Musk said his company has found a new way of producing lithium from rocks, which is 30% cheaper than used in other fields and is practically harmless to the environment. “We take the rock, get lithium out of it and return it back as if nothing had happened,” – Musk said at the presentation.


According to Musk, sodium chloride, which is a simple table salt, will be used to make lithium. He did not disclose the details of the technology, noting only that he did not know that anyone had used it before.

In fact, this is not the first time Tesla has been involved in the mining industry. Earlier we reported that the American concern is ready to finance the Canadian startup Giga Metals, which is going to develop the nickel deposit in an environmentally friendly manner.