New Caledonia

Nickel remains an integral mineral to make certain electric vehicle (EV) batteries, so it comes as no surprise that Tesla is looking to increase its supply as EVs grow in popularity. On Wednesday, New Caledonia mining company Prony Resources announced that Tesla agreed to buy 42,000 tonnes of nickel in a multi-year deal with the […]

Amidst a backdrop of EV parts supply shortages for both the semiconductor chip typical in most EVs and electronics in general, as well as increasingly high demand for nickel-heavy EV battery cells in general, Tesla has secured a new and important nickel deal abroad. Tesla has made arrangements to purchase nickel from a mine in […]