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Non-Tech : The Brazil Board

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From: elmatador5/7/2022 9:10:12 AM
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Brazil's Vale signs long-term deal to supply Tesla with nickel
Vale said it aims for between 30% and 40% of its Class 1 nickel sales to go to the fast-growing sector, without detailing how much it would represent in terms of volume.

According to the company's first quarter performance report, Vale sold a total of 20,000 tonnes of Upper Class 1 nickel in the period, of which 1,300 tonnes were to the electric vehicle industry.

https://www.reuters.com/technology/brazils-vale-signs-long-term-deal-supply-tesla-with-nickel-2022-05-06/
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