1. Home
  2. / Economy
  3. / Tesla May Consider Investments In Major Nickel Producer To Boost Its Production
Reading time 2 min of reading

Tesla May Consider Investments In Major Nickel Producer To Boost Its Production

Written by Valdemar Medeiros
Published on 13/10/2020 at 11:27
Tesla - Níquel - investimentos
Logo da Tesla
Be the first to react!
React to this article

Tesla Contacted Indonesia Informally About Investment Possibilities in the Country, Which Is a Major Producer of Nickel, a Metal for Batteries

“We need to keep discussing with Tesla”, said Ayodhia Kalake, a senior official from the Coordinating Ministry for Maritime Investments.

Also Read

Tesla Wants an Increase in Battery Production

Tesla wants to ramp up battery production as electric vehicle and model production increases, and its CEO, Elon Musk, recently urged nickel miners to produce more nickel, which would support the global expansion of batteries and electric vehicles.

“Tesla will give you a giant long-term contract if you mine nickel efficiently and environmentally sensitively. So, we hope this message reaches all mining companies”, Musk said during the second-quarter earnings call about making investments in this area at the end of July.

Nickel Cells Have a Higher Energy Density, Therefore Have a Greater Range

In a Twitter exchange, several days later, Musk said that “Nickel is the biggest challenge for long-range, high-volume batteries!

Australia and Canada are doing very well. U.S. nickel production is objectively very poor. Indonesia is great.“ Analysts said at the time that sourcing low-carbon-footprint nickel could be challenging for Tesla, as Indonesian miners would be dumping waste into the sea.

Nickel Processing for Batteries and Possible Investments

During Battery Day, Musk also stated that the California-based automaker found a streamlined way to process nickel that suggests it will eliminate the Class 1 nickel leaching process.

Miller mentioned that the new nickel processing route for cathodes is promising and is an area where further advancements can be made to reduce costs and lessen the environmental impact of the supply chain. “However, more clarification is needed before assessing the viability of this new processing route.”

For Mulshaw from Woodmac, while Tesla’s details are vague, it’s already happening broadly. “Mixed sulfides and mixed hydroxide precipitates are already being directly converted into sulfates suitable for cathode production – so it’s not really a new development,” he said.

Tags
Valdemar Medeiros

Graduated in Journalism and Marketing, he is the author of over 20,000 articles that have reached millions of readers in Brazil and abroad. He has written for brands and media outlets such as 99, Natura, O Boticário, CPG – Click Petróleo e Gás, Agência Raccon, among others. A specialist in the Automotive Industry, Technology, Careers (employability and courses), Economy, and other topics. For contact and editorial suggestions: valdemarmedeiros4@gmail.com. We do not accept resumes!

Share in apps