Nickel
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Chinese suppliers may be behind Tesla's $5 billion nickel deal with Indonesia
In late July, two Chinese companies just made announcements that they will supply Tesla with ternary precursors for battery materials.
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Soaring Nickel prices become new concern for EV industry
CICC believes that a nickel price increase from $20,000 to $50,000 per ton would increase the cost of an EV with a 60-kWh battery pack by about $1,580.
