Tesla & Indonesia Agree On Nickel Supply Deal Worth $5 Billion
Tesla has entered into an agreement with Indonesia to purchase $5 billion worth of nickel over the next 5 years.
Tesla nickel
Tesla’s Re|Source Blockchain Collaboration For Cobalt Aims To Prove That Tesla Ethically Sources Its Cobalt
One argument that often comes up against Tesla and Elon Musk is that they “own child slaves” or “own slave labor.” I’ve seen those in my notifications quite often (and randomly, too). But the fact remains that neither Tesla nor Elon Musk owns slaves, nor do they support slave labor … [continued]
Australian Miners Line Up For A Slice Of The EV Pie
Mining in Australia is big business, very big business. The royalties fund much of the government spending at the state and federal level. Providing over 10% of Australia’s GDP, or $200 billion AUS, Australia’s mining companies demand to be listened to. So, when BHP sells its coal and oil assets … [continued]
Tesla & BHP Form An Alliance To Promote Sustainability In The Mining & Resources Sector
BHP announced that it and Tesla have announced a nickel supply agreement and that it will supply Tesla with nickel from its Nickel West asset in Western Australia. The company stated that this is one of the most sustainable and lowest carbon emission nickel producers in the world. https://www.youtube.com/watch?v=Qg6W0tqZOe8 Financial … [continued]
Will Tesla’s $1B Investment In Australian Minerals Inspire Australia To Start Refining Its Own Lithium…
Recently, Tesla announced that it was going to spend $1 billion or more on Australian minerals, and Tesla’s Chair Robyn Denholm shared some interesting information about how her home country processes lithium. It doesn’t. It sends the lithium over to China to be refined, which isn’t good for the environment … [continued]
Tesla Is Partnering Up With New Caledonia For Nickel
Tesla is partnering with the New Caledonia nickel mine as a technical advisor as a way to secure stocks of nickel, Mining Global has reported. The deal was signed in the French Pacific territory and noted that the partnership is a “technical and industrial partnership” in which Tesla will source … [continued]
Tesla May Buy Low-Carbon Nickel From Canada’s Giga Metals, Reuters Reports
It’s been reported in the past few days that Canadian miner Giga Metals may supply Tesla with low-carbon nickel, and that Tesla could even help with the development of a mine in some way (which could simply mean helping to finance the project).
Could Tesla Really Get Into The Mining Business?
During Tesla’s most recent shareholder meeting, Elon said the company might get into another line of business — mining. He implied that taking control of the supply chain for the raw minerals used in its batteries might be a necessity as Tesla scales up production and adds more vehicles to its lineup.
