Tesla Considered a 20% Stake in Mining Giant Glencore, Says Report
Tesla held discussions with Glencore about potentially buying a stake in the Swiss commodities company, according to two people familiar with the matter in a report from Financial…
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Global EV Sales Doubled in 2021 to 6.6 Million, Says Energy Agency
As electric vehicles (EVs) continue to increase in popularity, the surging sales are also putting a strain on other areas of the supply chain, where raw materials are…
Electric Vehicles Surpass Smartphones for the First Time as Top Source of Cobalt Demand
NIO Hybrid Battery Pack The demand and interest in electric vehicles has sent demand for the rare metal cobalt, skyrocketing. According to data from the Cobalt Institute, EVs…
GM Signs Cobalt Deal with Glencore for its EV Battery Supply
General Motors (GM) has announced a sourcing agreement with Australia’s Glencore supplying cobalt for the automaker’s EVs, as announced on Tuesday. Cobalt is one of the main metals…
Tesla CEO Elon Musk Disses Apple During Q2 Earnings Call
During Tesla’s Q2 2021 earnings call yesterday, CEO Elon Musk bashed a fellow technology company for its apparent lack of environmental friendliness and its gatekeeping decisions, among other…
Canada to Protect Critical Mineral Supply Chains for EVs from Foreign Takeovers
According to Reuters, the Canadian government has moved to sure-up its defenses against takeovers of and foreign investment into companies mining critical minerals and Canada’s critical mineral supply chain…
Tesla Joins Fair Cobalt Alliance, Supports Artisanal Miners in Congo
In the quest for sustainable transportation for all, Tesla has had ongoing difficulties finding ethically-sourced metals, and now it’s under scrutiny once again. Tesla has just joined a…
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