Vale and General Motors (GM) have signed a deal for the supply of nickel sulfate to be used in the manufacture of batteries for the automaker’s electric vehicles (EVs).
Nickel sulfate is the chemical compound used in the production of pre-cathode active materials for nickel-based lithium-ion batteries.
Under the agreement, the nickel miner would supply the automaker with the equivalent of 25,000 metric tonnes per year of contained nickel — enough to supply 350,000 EVs annually — from its proposed plant in Bécancour, Que., for use in producing GM’s Ultium battery cathodes.