Tesla targets $1bn investment in Australian EV minerals – Australian Mining

Tesla chair Robyn Denholm has declared the company plans to spend more than $1 billion on Australias minerals supply to cater for growing electric vehicle (EV) demand.
Denholm, who spoke at the Minerals Council of Australias minerals week, said each electric vehicle has around $5000 worth of minerals with Australia capable of supplying almost all of it.
Australia is the only country in the world with resources in all three of the critical battery metals, as well as other minerals required for the…

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