As we know, LG Chem has signed an off-take with QPM (formerly PM1) for $200M+ of Nickel and Cobalt.
An interesting article for the koreatimes - https://www.koreatimes.co.kr/www/tech/2020/12/133_301037.html. It also explains the convenient timing of the off-take agreement with QPM + LG Chemicals.
LG is working on a new nickel-rich NCMA battery cell, with increased energy density of the cells, which will be supplied to Tesla according to industry sources. This explains their current huge demand for Nickel.
I believe this connection will be made a lot clearer in the coming weeks.
Tesla will use QPM nickel / cobalt
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