Category Archives: Gigafactory

DOWNLOAD: Lithium, cobalt prices enter new period of volatility as era of EV begins; vanadium awaits lithium ion moment

Lithium and cobalt prices are experiencing a new period of volatility as prices crest from post-2010 highs. Both speciality minerals that are key components in an electric vehicle’s lithium ion battery began to see a downward turn in 2018. The Benchmark World Tour 2018 – the world’s leading investor forum for lithium ion supply chain … Continue reading DOWNLOAD: Lithium, cobalt prices enter new period of volatility as era of EV begins; vanadium awaits lithium ion moment

Mining Journal’s Top 20 Most Influential People in Mining 2017; Benchmark Mineral Intelligence gets honorable mention

Benchmark Mineral Intelligence received an honorable mention in Mining Journal’s annual ranking of the most influential people in the mining industry for 2017. China’s premier, Xi Jinping, claimed to top spot with US president Donald Trump, second. Meanwhile Elon Musk, founder and CEO of Tesla, made his first appearance in the top 10 placing 7th. … Continue reading Mining Journal’s Top 20 Most Influential People in Mining 2017; Benchmark Mineral Intelligence gets honorable mention

Rise of the lithium ion battery megafactories: what does 2018 hold?

Since Benchmark Mineral Intelligence coined the term Battery Megafactory in 2014 the landscape of the lithium ion battery industry has changed significantly. Early on, Benchmark noticed a step change in the way battery supply and demand was developing and the corresponding growth in the size of planned cell production plants on a multi-gigawatt scale. These … Continue reading Rise of the lithium ion battery megafactories: what does 2018 hold?

Bigger than Giga: Tesla’s plan for 3 more battery megafactories

Tesla’s latest financial results not only painted a rosy picture for the clean energy crusader in 2016 but also hinted at significant future infrastructure expansions putting further strain on already stretched raw material markets. In January production of Tesla’s new 2170 cell – which will be used in energy storage as well as the Model … Continue reading Bigger than Giga: Tesla’s plan for 3 more battery megafactories

Tesla faces raw material reality with expanded Gigafactory

Speakers announced: Graphite Supply Chain 2016, 13-15 November, Newport Beach, CA, US. Click here: Early Bird Delegate Rate Ends Soon. Tesla opened its Gigafactory a few weeks ago to the surprising, if casual, announcement by Elon Musk that the Gigafactory will be three times the original 50GWh planned capacity. The company explained that the lithium ion battery … Continue reading Tesla faces raw material reality with expanded Gigafactory

Elon Musk: Our lithium ion batteries should be called Nickel-Graphite…

… Yet Tesla executives fail to allay lithium shortage fears // Tesla CEO Elon Musk and CTO JB Straubel have attempted to play down the role of lithium in a lithium ion battery, but could have inadvertently given themselves further supply headaches. In response to a question of whether there is enough lithium supply, Musk … Continue reading Elon Musk: Our lithium ion batteries should be called Nickel-Graphite…

Gigafactory: 30% of output for Tesla Energy utility batteries

One third of the lithium-ion battery packs produced at Tesla Motors’ Gigafactory in Nevada will be destined for the utility market. Tesla’s utility storage division, Tesla Energy, has recently started shipping Powerwall, a battery pack for the home, and Powerpack, a commercial storage solution, to customers in US, Germany and Australia. While no information has … Continue reading Gigafactory: 30% of output for Tesla Energy utility batteries

Tesla’s Elon Musk: More Gigafactory lithium deals to come, potentially Nevada

Tesla Motors’ CEO Elon Musk has admitted the company is pursuing lithium deals in Nevada. Tesla is looking to add to the conditional deal it struck with Bacanora Minerals / Rare Earth Minerals and Musk was forced to admit last night on Twitter that Nevada projects are being considered. Last week’s lithium supply deal with … Continue reading Tesla’s Elon Musk: More Gigafactory lithium deals to come, potentially Nevada

Chart: Panasonic predicts lithium-ion utility storage surge

One of the world’s leading battery manufacturers, Panasonic Corp, is predicting significant growth in emerging markets for lithium-ion batteries. The company, which is the sole partner for Tesla Motors’ Gigafactory in the US, is expecting growth of 74.9% CAGR in utility (stationary storage) – batteries that can power your home or office block – and … Continue reading Chart: Panasonic predicts lithium-ion utility storage surge

Tesla Powerwall priced for impact not profit

In Q2 2015, Tesla Motors made its foray into home energy storage in a move which saw it evolve from a high-end electric vehicle manufacturer. The most surprising detail about the launch of the Powerwall, a lithium-ion battery that can power your home, was the price. The starting price of $3,000 for a 7kWh Powerwall or $3,500 … Continue reading Tesla Powerwall priced for impact not profit