Saturday, 25 July 2015

Latest Views of Tesla’s Massive Gigafactory And Lithium Demand Picture.


  

  Now we can better appreciate the scale of this construction. Tesla Gigafactory will be the tipping point for the lithium battery production and will drive prices lower to the magic $100 per kWh, when mass market for electric cars with Tesla Model 3 will be started. This is just the first one for Tesla and other Megafactories are coming being built by Foxconn, LG Chem, Boston Power, BYD and A123. Where lithium will come from? Tesla is supplied with lithium cells from Panasonic now, Panasonic is already buying lithium from Ganfeng Lithium. International Lithium is building the supply chain for lithium with Ganfeng Lithium in Ireland and Argentina, where Ganfeng finances our J/V projects. You can find more research on Lithium supply and demand below.


Joe Lowry: Global Lithium Projection Of Supply And Demand Growth For Next Ten Years.



 Joe Lowry has published his new projection of supply and demand for lithium for next ten years. Joe has warned in his twitter message today: "Appreciate many will disagree". I will follow his guidance based on years spent at the very heart of very "opaque" (in his own words) lithium market. The main drivers will be the mass adoption of electric cars during the next phase with Tesla Model 3, GM Bolt and Nissan Leaf with extended range and energy storage for Solar Power with Tesla powerwalls and powerpacks. Latest initiative from Obama administration will help to bring Solar Energy to the low income communities all across U.S. International Lithium will become part of this picture with our J/V projects in Ireland and Argentina financed by our strategic partner Ganfeng Lithium from China. I will provide a few links for the main drivers for this picture and some other work from Joe Lowry.







Elon Musk's Gigafactory Battery Plan Spurs Lithium Producers To Weigh New Plants.

 


  News about the potential shortage in battery grade lithium supply is travelling fast and now hitting the mainstream media.


Tesla Gigafactories: Is There Enough Lithium to Maintain the Growth of the Lithium-Ion Battery Market?



Joe Lowry: Lithium Capacity Additions Will Be Short Of Demand.


"Joe Lowry is sounding the rising alert for all industry insiders about the coming shortage of lithium. Tesla is waiting for Panasonic to solve all the supply problems, but the growing demand is already pushing prices higher even before Gigafactory comes on-line! The ignition of mass market for electric cars and energy storage will come with lower lithium battery cost. Gigafactory promise us to bring the magic $100 per kWh. Supply of lithium will become crucial and its security will be even more important than its price.
  Our partner Ganfeng Lithium controls with other Chinese companies 75% capacity of battery grade lithium hydroxide now. We are moving into the new landscape for critical materials which are powering the green revolution. Stay tuned for the update from our lithium exploration programs on J/V projects in Ireland and Argentina."


Joe Lowry: What The Beginning Of Lithium Shortage Looks Like.  


  "Joe Lowry from @globallithium presents another evidence of growing constrains in the lithium supply chain. He knows International Lithium strategic partner Ganfeng Lithium very well and has covered its incredible growth in his previous articles, which you can find on this blog as well. Read more."

International Lithium Corp. Updates on Drilling Programs in Argentina and Ireland.

  
  We have great news today from our both J/V projects with Ganfeng Lithium! You already know about my personal vision for the lithium industry and our strategic partnership between International Lithium and Ganfeng Lithium from China. Now we have results coming in from our exploration and development programs.




Bloomberg:


The Gigafactory is coming. 
Tesla is building the biggest battery factory in the world, in the desert near Reno, Nevada. Here are some of the latest images of the project, taken this week. 
At 10 million square feet, this will be one of the biggest industrial factories ever built. Tesla has been secretive about the operations, declining requests to take reporters onto the site. These photos were shot by Bob Tregilus, an electrical-vehicle evangelist and producer of the PlugInAmerica podcast.  
“Security is tight out there these days, and one has to drive a considerable distance off road and then hike several miles to get a view,” Tregilus, a Nevada resident, said in an e-mail. After shooting the photos, he was caught in a summer downpour that turned the clay soil into what he calls “Nevada gumbo,” gumming up his car.  
Source: Bob Tregilus (CC BY-NC-SA 4.0)
In the image above, the buildings in the background are older developments in the 107,000-acre Tahoe-Reno Industrial Center. They include distribution centers for Wal-Mart Stores and PetSmart, according to Google Maps. The green trees to the right grow from the Truckee River, which flows along the I-80 highway.  
Source: Bob Tregilus (CC BY-NC-SA 4.0)
Gigafactory plans are moving quickly. Full battery-pack production is now on track to begin next year, Musk told analysts on the company's quarterly earnings call on May 6. 
Tesla needs those batteries soon. The company plans to launch its first electric SUV, the Model X, in the next two months and its more affordable Model 3 in 2017. Tesla's new storage batteries for homes, businesses, and utilities have enough demand to soak up a Gigafactory of batteries on their own, according to Musk
Tesla has purchased thousands of acres of property in the Tahoe-Reno Industrial Center near the Gigafactory, much of it with views like these.
Source: Bob Tregilus (CC BY-NC-SA 4.0)"