12 September 2022 | Technology

Possible building of Tesla’s lithium refinery plant in Texas is under discussions

As it became known recently, Tesla is pondering a possible construction of a plant aimed at refining lithium hydroxide, which is used in batteries. The coast of the Gulf of Mexico in Texas is considered as a potential plant location.

The U.S. electric car maker calls the could-be plant the first production site of this kind in the country, and a probable production expansion was also announced. Said expansion, if conducted, would include capacities for processing and refining other kinds of resources used for battery production.

At the planned production plant, Tesla is going to employ an innovative method which implies the use of more eco-friendly reagents in comparison with a default method of lithium refinery. The innovative method also involves the creation of byproduct materials suitable for further use. The final product of the process, which is lithium hydroxide, is planned to be packed and sent to other production sites, where it will be used for making Tesla batteries. The transportation is intended to be organized by rail or truck. By doing so, the company hopes to maintain the important supply chains for batteries of different kinds, such as large-scale ones and batteries used for electric cars.

A variety of production elements were named among the planned objectives for the improvement, with the most important ones being the support infrastructure, cleaning equipment, production buildings, research lab facilities, utility distribution systems, railway infrastructure, cooling towers, security systems (including fire control ones), wastewater treatment system, associated manufacturing processes and equipment required for producing electro-vehicles and batteries, and other objects, such as loading docks and drifts, parking lots, warehouses, and similar facilities.

If the location for the intended plant is approved, the initial construction works might be started in the last quarter of the current year. In this case, the commercial operating of the object is planned to be started by the end of 2024.

Company MarketCheese
Period: 20.12.2024 Expectation: 2470 pips
GBPUSD is targeting 1.2300 level as selling pressure increases
Today at 08:20 AM 27
Alexandra_Belova
Alexandra_Belova

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
2nd in the segment "Currencies"
Period: 29.11.2024 Expectation: 800 pips
Silver buyers get ready to test 31.5 level
Yesterday at 11:27 AM 68
Gold sell
Period: 01.12.2024 Expectation: 8110 pips
Gold loses ground as demand for safe haven assets wanes
Yesterday at 10:04 AM 168
Elena_Dorokhina
Elena_Dorokhina

Listed among the best MarketCheese authors
1st in the segments "Currencies" and "Metals"
2nd in the segment "Oil and gas"
Period: 29.11.2024 Expectation: 700 pips
AUDCAD does not exit downward trend lines
22 November 2024 53
Period: 02.12.2024 Expectation: 560 pips
Brent oil on its way up after exiting bilateral pattern
22 November 2024 176
Alexandra_Belova
Alexandra_Belova

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
2nd in the segment "Currencies"
Period: 26.11.2024 Expectation: 2840 pips
Selling USDJPY with target at 152.00 influenced by BoJ policy
21 November 2024 104
Elena_Dorokhina
Elena_Dorokhina

Listed among the best MarketCheese authors
1st in the segments "Currencies" and "Metals"
2nd in the segment "Oil and gas"
Go to forecasts