BHP’s Tesla nickel deal a boost for carbon transition

Original article by Brad Thompson
The Australian Financial Review – Page: 1 & 25 : 23-Jul-21

BHP has struck an agreement with electric vehicle maker Tesla to supply it with nickel from its mines and refinery in Western Australia. BHP’s chief commercial officer Vandita Pant said it was delighted to sign the agreement with Tesla, and noted that demand for nickel in batteries is tipped to rise by more than 500 per cent over the next decade. The agreement with Tesla has led to further speculation that BHP plans to divest its oil and gas assets, in addition to the sale of its remaining interests in energy coal mines.

CORPORATES
BHP GROUP LIMITED – ASX BHP, TESLA INCORPORATED

Nickel miner pins hopes on electric cars

Original article by Paul Garvey
The Australian – Page: 18 : 11-Sep-17

Australian-listed Independence Group is well-placed to benefit from rising demand for nickel, cobalt and copper as sales of electric vehicles rise. The company’s Nova mine produces all three metals, and Independence MD Peter Bradford says it has received a number of enquiries regarding supply deals when existing off-take arrangements with BHP Billiton and Glencore expire. Bradford notes that factors other than demand from the electric vehicle industry have prompted the recent rise in the price of nickel and copper.

CORPORATES
INDEPENDENCE GROUP NL – ASX IGO, BHP BILLITON LIMITED – ASX BHP, GLENCORE PLC, SIRIUS RESOURCES NL, PANORAMIC RESOURCES LIMITED – ASX PAN, MINCOR RESOURCES NL – ASX MCR, FIRST QUANTUM MINERALS LIMITED, TESLA INCORPORATED