Vale Signs Long-Term Contract to Supply Tesla With Low-Carbon Nickel
06 Mayo 2022 - 9:42AM
Noticias Dow Jones
By Jeffrey T. Lewis
SAO PAULO--Brazilian mining company Vale SA said Friday it
signed a long-term contract to supply electric vehicle maker Tesla
Inc. with nickel.
Vale didn't provide any financial details on the agreement. Vale
is the world's biggest producer of nickel and iron ore, and the Rio
de Janeiro-based miner said it plans to supply Tesla in the U.S.
with nickel produced in Canada.
Nickel is a key element used to make the kind of batteries used
in most electric vehicles. Vale said the agreement is part of the
Brazilian company's plan to increase sales of its low-carbon,
high-purity nickel to the electric car market.
Vale in March reached a multi-year agreement to supply nickel to
Swedish battery developer and manufacturer Northvolt AB.
Write to Jeffrey T. Lewis at jeffrey.lewis@wsj.com
(END) Dow Jones Newswires
May 06, 2022 10:27 ET (14:27 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
VALE ON (BOV:VALE3)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
VALE ON (BOV:VALE3)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024
