Tesla Motors Looking at Lithium Agreement With Codelco?

Base Metals Investing

Reuters reported that Tesla Motors (NASDAQ:TSLA) had met with officials in Chile to discuss a lithium partnership with Codelco, the country’s state owned copper miner and the world’s largest copper producer. Financial newspaper Pulso reported that the parties were in talks, but did not cite sources.

Reuters reported that Tesla Motors (NASDAQ:TSLA) had met with officials in Chile to discuss a lithium partnership with Codelco, the country’s state owned copper miner and the world’s largest copper producer. Financial newspaper Pulso reported that the parties were in talks, but did not cite sources.
As quoted in the publication:

Codelco said in response that no agreement had been reached.
“A formal process for exploring for lithium has not started, nor has the board even taken a decision on that,” the company said.
Codelco [COBRE.UL], the world No. 1 producer of copper, also has small operations in deposit offshoots like silver but no current interests in lithium. It has said previously that it would consider entering the lithium industry if there were a good business opportunity.

Click here for the full Reuters report.

The Conversation (2)
Ray Last Name
Ray Last Name
08 Dec, 2015
Could you provide me some information on a Lithium company Alcora (ERA), on the TSX-V. Enjoyed the up-date on 2016 Lithium prospects, thank You. Ray Kinasewich
Ray Last Name
Ray Last Name
08 Dec, 2015
Could you provide me some information on a Lithium company Alcora (ERA), on the TSX-V. Enjoyed the up-date on 2016 Lithium prospects, thank You. Ray Kinasewich
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