Frank
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AVZ administration preparing the copies of the $10 takeover transfer documents
Get it into your heads potential buyers..... $10
$10...
$10...
Oh..... $12 Zijin....fuckers

Tesla’s supersized Gigafactory could need 2 lithium, 4 cobalt, 8 nickel, and 9 graphite mines’ worth of production every year
- Tesla has announced a 100GWh Gigafactory expansion in Nevada
Last week, Tesla announced a 100GWh Gigafactory expansion in Nevada, which could see it become the largest Western producer of batteries.
Just look at these outrageous and impossible numbers from Benchmark, which emphasise just how metals-hungry these battery plants really are:
Let’s break those stats down even further (don’t judge the questionable math).
Tesla’s manganese requirements equate to ~14% of annual global production in 2022, or 65% of projected annual volumes from Element 25’s Butcherbird project in the NT.
Cobalt consumption – at 11-15,000tpa – represents about four Broken Hill Projects, like that currently being progressed by Cobalt Blue in NSW.
COB plans to produce 3500tpa of cobalt over a forecast 17-year life of mine from 2025.
Lithium consumption (100-115,000tpa) is mammoth.
That’s equivalent to more than two 50,000tpa Kachi projects, currently being advanced by Lake Resources, or one and a half of Liontown Resources’ Kathleen Valley projects, once it hits full production of 700,000tpa spodumene concentrate.
(That assuming there’s ~8 tonnes of spodumene (SC6) per tonne of LiOH produced).
Benchmark is also estimating the enlarged factory will need up to 125,000t of nickel.
That’s one and half times the annual production of BHP’s Nickel West division (80-90,000tpa) or eight Cassini-Northern operations (16,000tpa), currently being ramped up by $800m capped Mincor Resources in WA.
And to meet its graphite anode needs of up to 170,000tpa, Tesla would require almost nine times Talga’s 19,500t of annual production, which is expected from 2024.