STMNF - A Look At Who Might Win A 'Giant Contract' To Supply Tesla With Nickel
- Nickel 'battery' demand is forecast to increase by 14x from 2019 to 2030. The demand surge will be for battery grade nickel sulphate best extracted from nickel sulphide ore.
- By 2025 if Tesla was making 5 million EVs pa they would need ~275,000 tpa of nickel each year. That is way above what most miners are capable of supplying.
- A focus on nickel sulphide miners that can produce economic and environmentally sensitive supply of nickel at a scale to potentially supply Tesla.
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A Look At Who Might Win A 'Giant Contract' To Supply Tesla With Nickel