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Tesla CEO Elon Musk joined Texas Governor Greg Abbott to interrupt floor on the web site of the electrical automobile maker’s new lithium refinery in Corpus Christi on Monday.
Tesla plans to speculate $375 million to construct the ability on the Gulf coast that can assist it safe a home provide of lithium hydroxide, a key ingredient used to make batteries for its electrical autos, and its home- and utility-scale batteries.
Musk stated that Tesla is aiming to supply sufficient battery-grade lithium on the refinery to fabricate a million autos per yr, and to supply extra lithium than the remainder of North America’s refining capability mixed there.
Mining firm Albemarle introduced plans to speculate $1.3 billion in a brand new lithium processing facility in South Carolina in March.
According to filings with the Texas Comptroller’s workplace, Tesla particularly plans to assemble a “battery-grade lithium hydroxide refining facility,” and different “facilities to support other types of battery materials processing, refining and manufacturing and ancillary manufacturing operations in support of Tesla’s sustainable product line.”
The firm promised in its filings that “the process Tesla will use is innovative and designed to consume less hazardous reagents and create usable byproducts compared to the conventional process.”
On Monday, Musk claimed, “There’s no toxic emissions or anything — you could live right in the middle of the refinery and not suffer any ill effects.”
Tesla’s battery uncooked materials and recycling chief, Turner Caldwell, stated on the occasion that the corporate would discover “beneficial use opportunities” for the byproduct of its lithium, which they anticipate to be largely sand and limestone.
Typically, refining ore into battery-grade lithium requires an industrial course of that features crushing uncooked materials, heating it at a excessive temperature, and mixing it in a slurry with acids. One of the acids utilized in lithium processing sometimes is hydrochloric acid, which is a hazardous air pollutant below the U.S. Clean Air Act.
Caldwell and Musk didn’t disclose the precise chemistry the corporate would rely on for processing.
Last yr in April, Musk stated Tesla might must get into lithium refining as a result of the price of the metallic had “gone to insane levels.” Lithium costs have considerably declined since he made these remarks.
However, China nonetheless controls greater than half of the world’s lithium processing and refining capability whereas the U.S. has not too long ago managed simply 1%. Musk stated the supply of battery-grade lithium was a “fundamental chokepoint” for the electrical automobile business and others.
Governor Abbott, a Republican, praised Elon Musk as the best entrepreneur on Earth.
“Texas wants to be able to be self-reliant, not dependent upon any foreign hostile nation for what we need,” he stated.
Source: www.cnbc.com”