Business
Tesla seeks sustainable nickel miners for EV battery production – Australian Mining
Tesla chief executive Elon Musk is pushing miners to produce more nickel as an ingredient of lithium-ion batteries used in its electronic vehicles (EVs) with the incentive of a “giant” contract.
BHP Nickel West. Image: BHP.
Tesla chief executive Elon Musk is pushing miners to produce more nickel as an ingredient of lithium-ion batteries used in its electronic vehicles (EVs) with the incentive of a giant contract.
Musk said in a second-quarter earnings call that a “giant contract for a long period of time” would be provided to a miner able to extract zinc in a sustainable and environmentally friendly way.
The high cost of EV batteries remains one of the main roadblocks in Tesla’s grow…
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