RANKED: Top 20 automakers by battery metals spending
The global passenger EV market, including plug-in and conventional hybrids, fell short of 30 million units last year, but still showed robust growth of 18% year over year. In combined…
Tesla
Value of EV battery nickel second-highest on record, cobalt at 30-month high
In 2016, Elon Musk famously said: “Although [they’re] called lithium-ion, the actual percentage of lithium in a lithium-ion cell is approximately 2%. Technically, our cells should be called nickel-graphite, because…
Tesla can’t dodge activist shareholder proposal on deep-sea mining: SEC
The U.S. Securities and Exchange Commission has cleared the way for an activist proposal on sea-floor mining to be considered at Tesla’s upcoming annual general meeting. The SEC rejected a…
TSXV closes lower during Feb 21-24 trading week
The S&P/TSX Venture Composite Index retreated by 10.92 points or 1.7% over the holiday-shortened Feb 21-24 trading session, ending at 616.86. The week’s top value gainer was Sigma Lithium which…
Sigma Lithium stock surges on Tesla takeover rumours
Shares of Sigma Lithium (TSXV: SGMA) rose more than 20% on Tuesday morning following a long-weekend media report that electric vehicle manufacturer Tesla (NASDAQ: TSLA) is in takeover talks with…
Ford goes directly to miners for lithium, nickel supply to support EV ambitions
Ford Motor Company (NYSE: F) announced plans to accelerate its EV production that are underpinned by several high-profile agreements with lithium and nickel miners to supply raw materials for the…
Elon Musk says buying a mining company ‘not out of the question’
Tesla (NASDAQ: TSLA) CEO Elon Musk has said that it was not “out of the question” for the company to enter the mining business, as the world’s largest electric vehicle…
Vale scores multi-year nickel supply deal with Tesla
Vale (NYSE: VALE), the world’s top nickel and iron ore producer, has inked a long-term deal with Tesla (NASDAQ: TSLA) that will see the Brazilian miner supplying the with electric vehicles (EVs)…
From EV pickups to sedans, miners can bank on bright future
On January 5, General Motors CEO Mary Barra unveiled the Chevrolet Silverado electric pick-up truck at CES 2022, one of the most influential technology conferences in the world. The full-size…
Talon Metals to supply nickel to Tesla from Tamarack project in Minnesota
Talon Metals (TSX: TLO) has signed a deal with electric vehicle maker Tesla to provide 75,000 tonnes of nickel in concentrate over a six year period from the Tamarack nickel-copper-cobalt…
EV industry moving in right direction to close gap with internal combustion engines – report
Although there is still a way to go for electric vehicles to close the performance, safety, and cost gap with internal combustion engines, a recent report by IDTechEx says some…
Ganfeng Lithium lands fresh three-year supply deal with Tesla
Ganfeng Lithium, China’s No.1 producer of the battery metal, has signed a new contract with Tesla to supply the electric vehicles maker with battery-grade lithium hydroxide products for three years…