GM wants a piece of Vale’s base metal spinoff, Tesla’s nickel supplier

General Motors (GM) has advanced to the next round of bidding for a stake in Brazilian mining company Vale’s base metals spinoff.
Expand Expanding CloseGeneral Motors (GM) has advanced to the next round of bidding for a stake in Brazilian mining company Vale’s base metals spinoff.
Expand Expanding CloseGM and Vale announced that they have come to an agreement for the former to get a significant part of the nickel sulfate that Vale plans to produce at its upcoming new Quebec Battery Valley factory.
Expand Expanding CloseTesla has released a list of direct battery material suppliers and confirmed that it has a long-term nickel deal with Vale, the world’s largest nickel producer.
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