Image: Tamarack, Minnesota—Electric automaker Tesla signed a deal on January 10, 2022, with Talon Metals, a mine in northern Minnesota that plans to supply nickel concentrate in the next few years. Tesla said it agreed to buy 75,000 tonnes (165 million pounds) of nickel over six years, with an option to increase the amount it purchases, making the deal worth $1.5 billion based on the price of nickel. “This agreement is the start of an innovative partnership between Tesla and Talon for the responsible production of battery materials directly from the mine to the battery cathode,” said Talon CEO Henri van Rooyen in a press release. “Talon is committed to meeting the highest standards of responsible production that is fully traceable and that has the lowest embedded CO2 footprint in the industry.” Nickel is a key metal that is said to extend the range of electric vehicles, and demand for the mineral is expected to increase over the next decade as the automobile industry supplies more electric vehicles. Read more here. Image credit Read More: https://nativenewsonline.net/environment/tesla-signs-deal-with-minnesota-based-…
