General Motors has agreed with Vale Canada on a long-term supply of nickel for its electric car batteries. Vale is to supply 25,000 tonnes of battery-grade nickel sulphate annually from the second half of 2026.
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Ford has confirmed it is currently negotiating several partnerships to secure most of the nickel it needs until 2026 and beyond. Ford has also signed several important contracts for the procurement of lithium.
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Tesla lists all its direct suppliers of battery materials for the first time in its current sustainability report. In addition to already known contracts for supplies of nickel, lithium and cobalt, it is now officially confirmed for the first time that Tesla has concluded a long-term supply contract for nickel with the mining company Vale.
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“Tesla will give you a giant contract for a long period of time if you mine nickel efficiently and in an environmentally sensitive way,” CEO Elon Musk said in July. Now, it looks as if they may have found such a source, Reuters reports.
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