Tag: SQM

Thank Elon Musk with his Tesla (TSLA) gigafactory for sparking a global obsession with lithium-ion batteries and the materials need to turn them out.  Claimed by Musk to be the largest building in the world, the factory was planned to reach capacity in stages.  By the time the factory is fully completed in 2020, production capacity is expected to be 150 gigawatt hours of battery packs. Ever since construction of Musk’s gigafactory began in 2014, investors around the world have been fretting over the adequacy of lithium supplies in particular.  The gigafactory concept appeared to trigger a whole slew of ‘me too’ factories...