Forget Vegas, Nevada Is Now About Reno And Lithium

Oilprice.com ^ | 30-10-2015 | lit

[bananaman22]

Nevada is booming as lithium companies rush in to stake out targets and massive business development gets underway, from Tesla to Amazon and Apple. As the state’s southwest corner fills up with new lithium players, Tesla gears up for its battery gigafactory and the world’s largest data center sets up shop, Nevada is poised for one of the greatest economic revival stories of the century.

In an exclusive interview with Oilprice.com, Brian Findlay, President and CEO of Dajin Resources Corp., discusses:

• How Tesla’s gigafactory is sparking a massive resurgence in Nevada • Why other giant businesses are setting up shop here • Why Nevada is ground zero for the lithium boom • Why Reno will be the New Las Vegas • What it all means for economic development and job creation • The rush to stake out lithium targets, and the big names that are interested • The few options left to get in on this game • Who got there first, and where it’s all going

Oilprice.com: The first thing that used to come to everyone’s mind with any mention of Nevada was Las Vegas and gambling. Today, however, we think of a lithium boom, of Tesla, and of economic recovery. Why is Nevada suddenly on everyone’s radar?

Brian Findlay: Particularly in the energy sector—but not exclusively—Nevada is one of the best places to be right now. The economic recovery that is going on here in Reno, but also statewide, is one of the best success stories of the decade. Not only is Tesla’s battery gigafactory creating an amazing resurgence, but other major factories are moving to the Tahoe Reno Industrial Center, will house Switch, the world’s largest data center, along with some other huge names, including Amazon and Apple. The real estate market is on the upswing

[mad_as_he$$]

As is everything Musk it was a close to the vest deal. I am pretty certain that they were negotiating with the mine for months prior to the announcement. A business associate of mine was whispering about it a while ago.

[thackney]

Nevada lawmakers frustrated by Tesla�s Mexican lithium deal
http://www.freerepublic.com/focus/news/3332636/posts

Electric carmaker Tesla has announced that it will obtain lithium for its batteries from two companies in northern Mexico, leaving Nevada lawmakers who approved major tax incentives for the company frustrated.

[Rebelbase]

oops.

[Paladin2]

"As the state’s southwest corner fills up with new lithium players, "

[TalonDJ]

That is where the lithium mines are. New mines are being opened right now. It is not where Reno or the factory is.

[Paladin2]

Nye, Mineral or Esmeralda?

[Paladin2]

[Company Man]

This can only help Las Vegas.

[r_barton]

Elon Musk is one savvy African-American. ;-)

[mad_as_he$$]

PT Barnum of our time.

[mad_as_he$$]

Yes but after that:
http://fortune.com/2015/09/16/tesla-lithium-gigafactory-nevada/

The plant is progressing nicely and will start operations early next year. Silver Peak is not yet big enough to insure a steady flow of material to feed the monster operation. Other sites are being expanded or developed as we chat.

Good info here;
http://www.rgj.com/story/money/economy/reno-rebirth/2015/09/16/tesla-secures-lithium-deal-nevada-pure-energy-minerals/72345888/

[thackney]

Thanks