News
16 January 2020

Tesla in talks to buy Glencore cobalt for Shanghai car plant

In:
Metals and Mining
Region:
Asia-Pacific

Glencore is negotiating a long-term contract to ship cobalt to Tesla's new electric-vehicle factory in Shanghai, according to sources.A deal would help Tesla avoid a supply squeeze on the key battery metal as it pushes into the world’s largest car market, and mark a win for Glencore after...

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