MELBOURNE—Prony Resources said on Wednesday Tesla Inc. had agreed to purchase around 42,000 tons of nickel in a multi-year deal—a pact that is set to make the New Caledonian miner a key supplier of the metal to the U.S. electric car maker. Prony, which bought the loss-making nickel operations in the French territory from Brazil’s Vale SA this year, added it aims to produce 44,000 tons of nickel by 2024, double its expected 2021 output. Electric vehicle makers have made securing sufficient supplies of nickel—a key ingredient in automotive batteries—a top priority and are particularly keen to seek out sustainable and low-carbon nickel supplies. The agreement with Tesla will make the carmaker by far Prony’s largest customer, Antonin Beurrier, the miner’s chief executive, said during a news conference. The 42,000-ton volume was indicative and could vary, he said, declining to specify the duration or other details of the deal. The …
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta