GM, Vale Clinch Canada Nickel Supply Deal for EV Batteries

GM, Vale Clinch Canada Nickel Supply Deal for EV Batteries

GM, Vale Clinch Canada Nickel Supply Deal for EV Batteries

November 23, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--General Motors Company (NYSE:GM) (GM) (Detroit, Michigan) and a Canadian subsidiary of Brazilian mining giant Vale (NYSE:VALE) (Rio de Janeiro) have reached an agreement for the long-term supply of battery-grade nickel sulfate from Vale's planned plant at Becancour, Quebec, to support GM's production of electric vehicles (EVs) in North America, the companies said last week.

Also featured: Ford Motor Company (NYSE:F)

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