[Nikkei Asia/ Japan] Tesla signs nickel deal with BHP to secure non-Chinese supply

  • Tesla has agreed to buy nickel for its batteries from BHP, the world’s largest miner, as it looks to lock up supplies of the metal not controlled by China.
  • The electric carmaker will buy nickel from BHP’s Nickel West plant in Western Australia, which is among the lowest-carbon producers of the battery metal, according to the companies.
  • Demand for nickel in batteries is set to grow 500% over the next decade.

Link: https://asia.nikkei.com/Business/Materials/Tesla-signs-nickel-deal-with-BHP-to-secure-non-Chinese-supply

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