Tesla waves a $1b cheque in Australian miners’ faces, urges local battery metals processing – Small Caps

Electric vehicle maker Tesla is definitely one for making big announcements, and the latest one is the prospect of the company buying as much as $1 billion a year of battery metals from Australian miners.
In a speech in Canberra to mining industry leaders, Tesla chair Robyn Denholm predicted that her company could soon consume more than $1 billion a year in Australian produced lithium, nickel, rare earths, and other battery metals.
The promise of Tesla is that Australias reputation as a commodity…

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