BHP enters into nickel supply agreement with Tesla Inc
BHP is announcing today the signing of a nickel supply agreement with one of the world's leading sustainable energy companies, Tesla Inc.
BHP will supply Tesla Inc. with nickel from its Nickel West asset in Western Australia, one of the most sustainable and lowest carbon emission nickel producers in the world.
Tesla Inc. is the world's largest manufacturer of electric vehicles and battery storage systems with a mission to accelerate the transition to sustainable energy, and nickel is a key metal used to manufacture Tesla Inc.'s battery technology.
BHP Chief Commercial Officer, Vandita Pant, said: 'Demand for nickel in batteries is estimated to grow by over 500 per cent over the next decade, in large part to support the world's rising demand for electric vehicles.'