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Live Blog: Tesla (TSLA) 2021 Annual Meeting of Stockholders

Teslarati

Elon did admit that Tesla has had to raise vehicle prices for a bit due to the supply shortages, but hopefully, these are just temporary. As many cells as you can supply to us, no limit,” Musk said, referring to conversations he’s had with Tesla’s battery suppliers. He also reiterates Tesla’s need for more batteries.

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Benchhmark report: cobalt’s price rises highlight shift to battery-driven pricing dynamics

Green Car Congress

While cobalt prices have shown positive signs of late, there are nuances within the market which highlight the key fundamentals that will likely decide cobalt’s future price trend—which is taking its cues less and less from the industrial metal supply chain, according to a new report from Benchmark Mineral Intelligence.

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AVZ signs binding SC6 offtake agreement with major Chinese lithium converter Yibin Tianyi, supplier to CATL

Green Car Congress

for the supply of spodumene concentrate (SC6) from the Manono Lithium and Tin Project in the Democratic Republic of Congo (DRC). Australia-based AVZ Minerals Limited has secured a strategic, long-term offtake partner agreement with Yibin Tianyi Lithium Industry Co.,

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Jervois to acquire SMP nickel & cobalt refinery in Brazil; concentrate from Idaho for refining, cobalt metal back to US

Green Car Congress

On Closing, Deposit Payment shall be applied to the purchase price for SMP Refinery. CBA has also undertaken a scoping study with a leading international engineering firm specializing in base metal refineries, to assess the potential conversion of the facility to nickel sulfate production, for modest capital expenditure. million (US$8.5

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The Future of Electrifying Heavy-Duty Machines

Clean Fleet Report

On one hand, the price of EV batteries has been rising, likely due to increasing demand worldwide for battery materials such as lithium. The raw cobalt for lithium-ion batteries is notoriously sourced from unethical mining companies that have a harmful social and environmental impact in the Democratic Republic of the Congo.

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We Need More Than Just Electric Vehicles

Cars That Think

Credit the EV’s advantage to its greater efficiency in the conversion of chemical energy to motion—77 percent, compared with 12 to 30 percent for a gasoline car—along with the potential to generate electricity using low-carbon sources. For example, the Democratic Republic of Congo (DRC) holds about 50 percent of the world’s cobalt reserves.

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The Magnet That Made the Modern World

Cars That Think

During my early years at General Motors Research Labs , there was a war in Central African Zaire [now known as the Democratic Republic of the Congo], which is a big cobalt supplier. And the price of cobalt went up to something like $45 a kilogram. Do you recall any conversation with John at that meeting?