@ChurchillWw 20 to 30% yield loss (or even more) in the finishing process is very possible. A lot hinges on the size and shape of the pieces you make. This is why recycling capability (or a place to sell that material) is so vital.
$MP Q1 2026 highlights:
• Record NdPr production: 917 MT (+63% YoY)
• Record NdPr sales: 1,006 MT (+117% YoY)
• Record Q1 REO production: 12,983 MT (+6% YoY)
• Generated $132.9M of consolidated revenue and PPA Income
• Generated $114.5M revenue + PPA income & $36.7M Adjusted EBITDA in Materials Segment
• Generated $21.1M revenue & $9.6M Adjusted EBITDA in Magnetics Segment
• Broke ground on 10X
• HREE circuit set for commissioning in Q2
Webcast link and full results in first reply 👇
$MP has been awarded an $18.5M CalCompetes Tax Credit to support the advanced recycling circuit we’re developing at Mountain Pass
Grateful to @CAGoBiz for backing innovation & manufacturing in the Golden State
https://t.co/2NF0MMVqT3
Going direct doesn’t mean never talking to the press and instead doing long-form podcasts (although All-In is an amazing platform)
It means establishing direct comms to avoid dependence on others, including reporters
It means making your own content, speaking live, doing trusted podcasts - basically filterless mediums where you don’t have to rely on misaligned third parties to represent you fairly
But self-reliance doesn’t mean wholesale knee-jerk rejection of all media, just as sovereignty doesn’t mean rejection of all potential allies. It’s “and” not “or”
Elon is fine boycotting media because he owns the global town square. But if you run a startup that’s selling to banks, maybe you should care about financial press because your customers do
When I began advocating to go direct a few years ago, the world was different. Relying on media as the main way to communicate publicly was the default. Against that backdrop founders needed to rotate hard to direct channels
Now, going direct is already the default for corporate communications. Being judicious and opportunistic about the right media to work with (whether journalists, podcasters, bloggers, YouTubers) is a complement, not a replacement, to going direct
Truth bomb! Forgiving @benchmark and others would be like letting the Wuhan Institute of Virology slide back into a good reputation because the new Senior Manager of Pandemic Causation has made more friends than his predecessor.
In the U.S. trade war with China, rare earths are a critical battleground. Jon Wertheim reports from the only active rare earth mine in the US that is challenging China's near-monopoly over the strategic metals that are key components in smartphones, robotics, fighter jets, and drones. Sunday. https://t.co/o3HSfJAt5B
Breaking: Jeff Bezos is in talks to raise $100 billion for a new fund that would buy manufacturing companies and use AI to automate them https://t.co/bBjxEelixr
In 2009, when I joined a fledgling EV startup called CODA Automotive that ended up selling 140 cars and went BK, the CEO, Kevin Czinger (now @Divergent3D) told me prismatic LFP cells would change the world and formed a JV with Lishen, then the world's largest producer, in Tianjin. We also tried (and failed) to convince DOE to finance a JV LFP plant in Ohio. Post Solyndra and Fisker, the private and public capital markets went dark. It was too early, but boy was he right.
BREAKING: The U.S. Government has officially announced that @Tesla and LG Energy have signed an agreement to build a $4.3 billion lithium iron phosphate (LFP) prismatic battery cell manufacturing factory in Lansing, Michigan, with a 2027 start of production.
"American-made cells will power Tesla's Megapack 3 energy storage systems produced in Houston, creating a robust domestic battery supply chain," the U.S. Department of the Interior said in a statement.
Here's everything you need to know about Tesla's new Megablock, the latest in the company's industrial storage product lineup, which includes the new Megapack version 3:
Megablock:
• 23% faster to install with up to 40% lower construction costs
• Plug and play platform (hardware, software and services) delivered as one all from Tesla. It's a pre-engineered medium-voltage block that integrates next-gen Megapack 3
• Eliminated above ground cabling between the transformer and the megapacks using new flexible busbar assembly
• 91% MV round trip efficiency
• 20 MWh of usable AC energy
• Operates in temps of -40°C (-40°F) to 60°C (140°F)
• 248 MWh per acre
• 25-year life & >10,000 cycles
• With Megablock, Tesla is targeting to commission 1GWh in 20 business days, equivalent to bringing power to 400,000 homes in less than month
Megapack 3:
• Will be manufactured in Tesla's upcoming Houston Megafactory starting in late 2026. 50 GWh annual manufacturing capacity when fully ramped.
• 5 MWh of usable AC energy
• Weight: 86,000 lbs
• 28 foot long enclosure that can be shipped globally
• Optimized for up to 8-hour applications
• New drastically simplified thermal bay. Uses Model Y heat pump, but on steroids. 78% fewer connections, which minimizes failure points
• Larger battery module and larger battery cell
• 2.8 liter battery cell, co-engineered with Tesla's cell team
• LFP battery
• Operates in -40°C to 60°
• Went from 24 cable connections in Megapack version 2XL, down to 3 simple busbar connections
• 75% of the mass of Megapack 3 is battery cells.
• A single module in it weighs as much as a Cybertruck
• Tesla has enabled easier front access service, so there are no roof penetrations
• Drastically simplified bussing system