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  4. DNI Metals Inc. (DMNKF) Message Board

Tesla's Kurt Kelty: "will source graphite locally

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Post# of 119
(Total Views: 361)
Posted On: 04/13/2017 11:35:53 AM
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Posted By: Luke_McCain
Tesla's Kurt Kelty: "will source graphite [..] locally"

Quote:
A plenary session that was very well attended was the one given by Kurt Kelty, Senior Director of Battery Technology at Tesla. A couple of things he said strongly resonated with me. First of all, he made it clear that Tesla wants an ethical supply chain . Thus, the illegal mining of cobalt in the Democratic Republic of Congo (DRC) will not be tolerated. Secondly, he said that Tesla wants to do business with suppliers that adhere to the same principles as them, when it comes to usage of fossil fuels. He clearly said to the hundreds of attendees that Tesla wants to do business with suppliers that make use of renewable energy. When asked by an attendee if Tesla values the sourcing of graphite from North America, he said that they will source graphite and other raw materials locally, assuming other factors are equivalent .



https://investorintel.com/sectors/technology-...challenge/

Can Tesla really acquire all the graphite it wants solely from North American sources, at price points that they desire?

Or, does "locally, assuming other factors are equivalent" translate to: Any non-Chinese graphite that is processed in North America by trusted and reliable sources?

Gentlemen (and ladies), place your bets...


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