MiningNewsWire is part of the InvestorBrandNetwork. Brazilian mining company Vale is reported to be in talks with Tesla and other electric vehicle companies to supply nickel from its Canadian operations. Mobile Phones Only), For more information, please visit https://www.MiningNewsWire.com, Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer, MiningNewsWire No wonder the company wants to award a giant contract to whoever can mine more nickel. Toronto-based Canada Nickel Co. said it’s looking into building a facility that will process zero-carbon nickel just days after the Tesla Inc. boss pledged a “giant” contract to miners that produce the critical battery metal in an “environmentally sensitive” manner. Brazilian mining company Vale is reported to be in talks with Tesla and other electric vehicle companies to supply nickel from its Canadian operations. 8033 Sunset Blvd. Tesla Gigafactory 1, where Model 3 battery cells are produced. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. Instead, there’s a three-tier approach with high nickel cells for the Semi and Cybertruck, with a 2/3 nickel and 1/3 manganese mix for “intermediate solutions,” that’s cars and the ion mix for stationary energy solutions. The Company possesses industry leading nickel expertise and is focused on low risk well-established mining jurisdictions. Canada Nickel Company Inc. is advancing the next generation of nickel-cobalt sulphide projects to deliver nickel and cobalt required to feed the high growth electric vehicle and stainless steel markets. Tesla, after all, continues to grow its business, and in its recent earnings call Elon Musk said the biggest challenge for the company was still sourcing batteries. Nickel is an essential component in the manufacturing of electric vehicle batteries. Martin Vydra, the company’s president, declined to comment on any meetings with Tesla. The batteries supplied by LG Chem comprise 80 per cent nickel and 10 per cent each cobalt and manganese. reuters.com (Giga Metal), reuters.com (Vale). Vale SA’s operations in Canada stretch into three provinces. The Turnagain deposit is said to be clean of impurities and relatively young at about 1 billion years old, so high recoveries of cobalt and nickel are expected. MiningNewsWire provides insights and opportunities in the mineral and mining sectors. The company had joined the Fair Cobalt Alliance this week, and Canada’s environmental regulations are among the stricter ones in the world. (adsbygoogle = window.adsbygoogle || []).push({}); electrive.com is a news service for decision makers in the electric mobility industry. However, it is reported that the mining processes usually dispose of mining waste in the ocean. Tesla Motors has been leading the way by substituting cobalt (much of which comes from difficult to regulate producers in the Dem. Subscribe to “electrive today” by entering your email below. Tesla Inc. (NASDAQ: TSLA) Likely Partnering with Canadian Mining Company for Low Carbon Nickel Supplies September 21, 2020 According to a report, Tesla Inc. (NASDAQ: TSLA) is working on a collaboration with a Canadian mining company to help develop a mine that would provide Tesla a source for low carbon nickel that is used in its lithium-ion batteries. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. They are also working on a process that would allow the tailings, or waste rock, to absorb carbon dioxide in the atmosphere and turn it into cement type rock, according to the Reuters report. Sources told Reuters, discussions revolved around helping to develop a large mine that would give the electric carmaker access to low carbon nickel for its batteries. For the production, a huge amount of battery minerals will be needed. Made in Germany! By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. Tesla is reportedly interested in helping Giga develop a large mine from which it can source low-carbon nickel. Giga wants to decarbonise the extraction and has access to hydroelectric power in British Columbia. Their Turnagain mine in British Columbia has potential resources of 2.36 million tonnes of nickel and 141,000 tonnes of cobalt, according to its website. Find the latest CANADA NICKEL COMPANY INC (CNIKF) stock quote, history, news and other vital information to help you with your stock trading and investing. TORONTO — Brazilian miner Vale SA is in talks with Tesla and others in the electric vehicle (EV) supply chain about securing nickel from its Canadian operations, the head of the miner’s base metals unit said on Friday. In an attempt to prevent a nickel drought, Tesla CEO Elon Musk offered handsome contracts to companies that could mine nickel in a manner that’s hospitable to the environment. Just days after the electric carmaker’s Q2 2020 earnings call, the mining company said it was on the verge of building a facility capable of processing carbon-free nickel. MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. Musk offered a “giant contract” if supplies could be produced in an environmentally sensitive way. Your email address will not be published. (Photo: Tesla) During Tesla’s most recent earnings call, company CEO Elon Musk promised a hefty contract to any company that could mine Nickel in an environmentally sensitive way. According to a report, Tesla Inc. 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