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Volkswagen, Stellantis and Glencore backing ACG in $1B purchase of Brazilian nickel sulfide and copper mines

Green Car Congress

JUNE 14, 2023

Volkswagen, Stellantis and Glencore are supporting the purchase of the Atlantic Nickel nickel sulfide and the Mineraçao Vale Verde copper mine in Brazil by ACG , a London-listed special purpose acquisition company (SPAC), for US$ 1 billion. 20ktpa over a 12-year life of mine, at an average C1 cash cost of $1.37/lb

Purchase 195
Purchase C1 Brazil North America 195
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Core Lithium and Tesla enter into binding term sheet for the supply of lithium

Green Car Congress

MARCH 4, 2022

Australia-based Core Lithium has entered into a legally binding Term Sheet with Tesla for the supply of up to 110,000 tonnes of Li 2 O spodumene concentrate from the Finniss Lithium Project over a term of 4 years, with pricing referenced to the market price for spodumene concentrate, subject to a price floor and ceiling.

Supplies 195
Supplies C1 Tesla Australia 195
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