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The Latest Breaking News from nickel

Tesla Confirms Vale Nickel Deal, Lists Battery Material Suppliers

Vale confirmed the long-term contract to supply Tesla with Class 1 nickel in the United States from its operations in Canada.

InsideEVs

Tesla confirms Vale nickel deal, lifts veil on US race data

Tesla Inc. confirmed a deal to buy nickel from mining giant Vale SA among other metal-supply contracts in an annual report on the company’s global impact, which also provided detailed data on the racial composition of its U.S. workforce.

Tribune News Service

Tesla and Musk May Have an Opportunity to Outrun Rivals

Like the entire automotive sector, Tesla faces a shortage of chips and a surge in raw-materials prices.

The Street

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Biden order to boost mining may not have quick payoff

President Joe Biden is turning to a Cold War-era law to boost production of lithium and other minerals used to power electric vehicles

The Independent UK

Ford CEO Jim Farley Seeks 'Smart Deals' With Mining Industry Amid Soaring Metal Prices

Ford Motor Co (NYSE: F) has called on the mining industry to work together on “smart deals” that will help offset rising commodity prices amid the legacy automaker’s push towards electrification.

Benzinga

LME boss Matthew Chamberlain reverses decision to leave after nickel market chaos

The boss of the London Metal Exchange has reversed an earlier decision to leave, pledging to help fix the market instead following the controversial suspension of nickel trading last month.

Evening Standard

Europe has a Russian nickel problem

Europe may need Russian nickel to meet its climate goals — activists need Europe to hold Russian mining accountable

Salon

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Almost Half Of All Teslas Built In Q1 Had The LFP Battery Pack

Batteries comprised of LFP (lithium iron phosphate) cells contain no cobalt or nickel, making them cheaper to make from more easily available materials.

InsideEVs

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