$HTSC Most automakers utilize nickel-based batteri

$HTSC Most automakers utilize nickel-based batteries for their balance of energy and power density; for example BMW, Hyundai and Renault use variants of the Lithium Nickel Manganese Cobalt Oxide (NMC) chemistry, while Tesla uses a Lithium Nickel Cobalt Aluminium Oxide (NCA) chemistry. Tesla CEO Elon Musk said on a post-earnings call back in July that "Tesla will give you a giant contract for a long period of time if you mine nickel efficiently and in an environmentally sensitive way." According to a report by the Verge, Musk also explained that "In order to scale, we really need to make sure that we're not constrained by total nickel availability. I actually spoke with the CEOs of the biggest mining company in the world and said, 'Please make more nickel, it's very important."

https://www.benzinga.com/pressreleases/20/10/...production

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