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Tesla Gigafactory will require 8 new graphite mines

from Stockhouse

Electric car producer Tesla Motors is planning to build a $6 billion lithium-ion battery "Gigafactory" in 2017, doubling the 2013 global output of lithium ion batteries and creating a massive shortage of graphite — unless new mines come on line. Great Lakes Graphite is a strong candidate to fill some of that North American demand. GLK's 100 per cent-owned Lochaber project in Quebec is a large flake graphite project with a near-surface resource located close to infrastructure and end user markets. more


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