A term contract was signed between General Motors Co. and Vale Canada Limited for the long-term supply of battery-grade nickel sulfate from
Vale’s planned factory in Bécancour, Québec, Canada. With the cooperation of this agreement, GM will have access to nickel sulfate from a US free-trade partner to meet its rapidly expanding EV production requirements in North America.
According to the terms of the contract, Vale will provide battery-grade nickel sulfate, which adds up to 25,000 metric tons of contained nickel annually, for use in GM’s Ultium battery cathodes. These cathodes will power a variety of electric vehicles, including the Chevrolet Silverado EV, Blazer EV, Equinox EV, the Cadillac LYRIQ, the GMC Sierra EV, and the GMC HUMMER EV Pickup About 350,000 electric vehicles may be produced yearly using the nickel available.
With its low carbon footprint and market-leading position as the biggest producer of finished nickel in North America, Vale is in an excellent position to serve as the leading supplier to the EV industry, as demonstrated by this project. Pre-cathode active materials for nickel-based“This is a momentous agreement for Vale Base Metals that brings a key partner in GM into this first-of-its-kind facility for,” said Vale Executive Vice President of Base Metals, Deshnee Naidoo.
Additionally, Vale and GM have decided to investigate joint venture opportunities to collaborate on the development of cutting-edge technologies and commercialization strategies for recovering recycled metals.world-leading EV battery industry,” said the Honorable François-
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