Tesla Inc. is looking into constructing a battery-grade lithium hydroxide refining facility that could support its electric-vehicle battery production.
The car maker said in a form to the Texas Comptroller's Office that it is looking to construct a plant with access to the Gulf Coast shipping channel, and is considering potential sites in Texas and Louisiana.
Tesla said that it was still evaluating the feasibility of the project, but that construction on one potential site in Texas could begin as early as the fourth quarter of this year, with commercial operations up and running by the fourth quarter of 2024.