The Australian mining company BHP announced that it has signed nickel supply agreement with US carmaker Tesla.
In addition to the supply agreement, BHP and Tesla Inc. will collaborate on ways to make the battery supply chain more sustainable, with a focus on end-to-end raw material traceability using blockchain; technical exchange for battery raw materials production; and promotion of the importance of sustainability in the resources sector, including identifying partners who are most aligned with BHP and Tesla Inc.’s principles and battery value chains.
The Australia President of BHP Minerals, Edgar Basto, said:
“BHP produces some of the lowest carbon intensity nickel in the world, and we are on the pathway to net zero at our operations. Sustainable, reliable production of quality nickel will be essential to meeting demand from sustainable energy producers like Tesla Inc.”
“The investments we have made in our assets and our pursuit of commodities like nickel will help support global decarbonisation and position us to generate long-term value for our business.”
About BHP
It is an Anglo-Australian multinational mining, metals and petroleum public company which is headquartered in Melbourne Australia, In the year 2001, BHP had merged with Billiton mining company to form BHP Billiton. In 2002, flat steel products were demerged to form the publicly traded company BHP Steel which, in 2003, became BlueScope Steel.
About Tesla
Tesla is an American based electric vehicle and clean energy company its products include electric cars, battery energy storage. It also one of the largest suppliers of battery energy storage systems, with 3 gigawatt-hours (GWh) installed in 2020.
