Tesla to buy more than $1 billion of Australian battery minerals a year

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Tesla already sources three-quarters of its lithium feedstock from Australia and over a third of its nickel. ”We expect our spend on Australian minerals to increase to more than USD 1 billion per annum for the next few years,” Denholm, an Australian, told a Minerals Council of Australia event.

Tesla to buy more than $1 billion of Australian battery minerals a year

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