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Tesla signs nickel deal with BHP to secure non-Chinese supply

CEO Elon Musk calls for 'sustainable' mining of key metal for EV batteries

Nickel is a key material for Tesla’s longer-range cars that require more powerful batteries.   © Reuters

Tesla has agreed to buy nickel for its batteries from BHP, the world's largest miner, as it looks to lock up supplies of the metal not controlled by China.

The deal is the third agreement for nickel that the electric carmaker has signed in the last eight months, following deals with Vale and the Trafigura-backed Goro mine, since CEO Elon Musk called for supplies of "sustainable" nickel.

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