{"id":22803,"date":"2022-05-21T12:03:58","date_gmt":"2022-05-21T16:03:58","guid":{"rendered":"https:\/\/autosector.com\/?p=22803"},"modified":"2022-05-21T12:03:58","modified_gmt":"2022-05-21T16:03:58","slug":"tesla-nickel-mining-deals-future-battery-supply-strategy","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=22803","title":{"rendered":"What Might Tesla’s Nickel-Mining Deals Suggest About Future Strategy?"},"content":{"rendered":"

This article comes to us courtesy of\u00a0EVANNEX<\/a>, which makes and sells aftermarket Tesla accessories. The opinions expressed therein are not necessarily our own at\u00a0InsideEVs<\/a>, nor have we been paid by\u00a0EVANNEX<\/a>\u00a0to publish these articles. We find the company’s perspective as an aftermarket supplier of Tesla accessories interesting and are happy to share its content free of charge. Enjoy!<\/em><\/p>\n

Posted on<\/span>\u00a0EVANNEX on May 21, 2022,\u00a0by<\/span>\u00a0Zachary Visconti<\/p>\n

As electric vehicles continue to increase in popularity amongst buyers, minerals such as nickel, lithium and cobalt will become more important. Tesla and other automakers\u2019 reliance on these minerals is crucial. With a new long-term nickel contract and a recently shared list of mineral suppliers, the company is showing its hand for the first time.<\/p>\n

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Above: Top-down view of mining operations (Photo:\u00a0Shane McLendon<\/a>\u00a0\/ Unsplash)<\/em><\/div>\n

According to\u00a0Reuters<\/em><\/a>, Brazilian nickel miner Vale SA announced a long-term deal with Tesla<\/a> earlier this month, set to come from the company\u2019s Canadian mining operations. Tesla also shared a list of all of its direct suppliers for both nickel and cobalt, as reported by\u00a0electrek<\/em>, which both confirms the Vale announcement and offers some insight as to the automaker\u2019s supply strategy for minerals essential to EV batteries.<\/p>\n

Vale will supply Tesla with an ongoing source of low-carbon Class 1 nickel from Canada\u2019s Newfoundland and Labrador, in addition to six other companies producing nickel for the automaker in New Caledonia, Australia and China.<\/p>\n

“Congratulations to Vale on signing this significant deal with Tesla to supply the nickel the company needs to make batteries for electric vehicles,” Furey said. “Nickel from right here in Newfoundland and Labrador. Our province is certainly rich in resources the world needs today.”<\/p>\n

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