Tesla, the CEO of which has shown past interest in lithium extraction and refinement, is now reportedly considering a purchase of Canadian-headquartered, Brazilian-focused lithium mining company Sigma Lithium. According to reports including Bloomberg via the Business-Standard, people with knowledge of the situation have relayed that deliberations are in the early stages and the transaction value could reach US$3 billion. The…
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Tesla getting nickel supply from Vale’s Canadian mines
Brazilian producer Vale has reportedly signed a new long-term agreement with Tesla that will send nickel from its mines in Canada to the vehicle maker for EV production. View full article.
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