Vale Canada & General Motors sign long-term nickel supply agreement
Time:Thu, 17 Nov 2022 08:56:36 +0800
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Vale Canada and General Motors announced on November 17 that they have signed a long-term nickel supply agreement.
Under the agreement, Vale's plant in Québec, Canada will supply battery-grade nickel sulfate to General Motors, which would support General Motors’ fast-growing demand for electric vehicle production in North America.
The supply from Vale is equivalent to an annual amount of 25,000 tons of contained nickel, which will be sufficient to supply around 350,000 electric vehicles every year.
The delivery was scheduled to start in the second half of 2026.
