Vale signs deal with Elon Musk to supply nickel to Tesla

With the contract, Brazilian mining company boosts internal goal to reach 30% to 40% of nickel sales to electric vehicle industry.

“This agreement reflects a shared commitment to sustainability and shows very clearly that we are the preferred supplier for low-carbon, high-purity nickel products that are essential for long-range batteries,” said Naidoo quoted by the media.

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