BHP To Boost Nickel Exploration As EVs To Send Nickel Demand Up 300%: Report
BHP Group Ltd (NYSE: BHP ) will boost nickel exploration expenditure over the next two years to meet the rising demand for the raw material used in electric vehicle batteries, Reuters said , citing BHP''s chief of its nickel operations. BHP, through its Nickel West unit, has nickel supply agreements with Tesla Inc (NASDAQ: TSLA ) and Toyota Motor Corp (NYSE: TM ), and Ford Motor Co (NYSE: F ). BHP holds … Full story available on Benzinga.com
BHP To Boost Nickel Exploration As EVs To Send Nickel Demand Up 300%: Report
BHP Group Ltd (NYSE: BHP ) will boost nickel exploration expenditure over the next two years to meet the rising demand for the raw material used in electric vehicle batteries, Reuters said , citing BHP''s chief of its nickel operations. BHP, through its Nickel West unit, has nickel supply agreements with Tesla Inc (NASDAQ: TSLA ) and Toyota Motor Corp (NYSE: TM ), and Ford Motor Co (NYSE: F ). BHP holds … Full story available on Benzinga.com