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Tesla mulls lithium investment in Chile

Mon, 02/05/2018 - 11:03 -- John Shepherd
Tesla mulls lithium investment in Chile

BBB has confirmed that Tesla is considering proposals to invest in lithium production in Chile— and that the carmaker could also support the launch of a battery cathodes production facility in the country.

The CEO of Chilean Economic Development Agency (Corfo), Eduardo Bitran (pictured), met Tesla bosses in the US recently to discuss a potential initial investment in Chilean lithium producer Sociedad Quimica y Minera de Chile (SQM), the agency told BBB this week.

 

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