Zhongxin Finance, May 8 (Reporter Peng Dawei) The reporter learned on the 7th that Vale said that day that it had noticed the information disclosed by Tesla on the same day, and confirmed that it had signed a long-term contract with Tesla, which will be The Canadian operating area supplies primary nickel products to Tesla in the United States.

Vale said the agreement is in line with its strategy to increase its participation in the electric vehicle industry with its low carbon footprint and market leadership as the largest supplier of finished nickel in North America.

  Brazil-based Vale is one of the world's most valuable metals and minerals companies by market value and one of the world's largest producers of iron ore and nickel.

U.S.-based Tesla, one of the world's leading electric vehicle producers, is committed to "accelerating the world's transition to sustainable energy through electric vehicles, solar products, and comprehensive renewable energy solutions for homes and businesses. ".

  Vale said it aims to sell 30 to 40 percent of the company's primary nickel products to the fast-growing electric vehicle industry.

Some nickel products from Vale's Canadian operations have the world's lowest carbon footprint.

Nickel rounds from the Long Harbour nickel refinery in Newfoundland and Labrador had a certified carbon footprint of 4.4 tonnes of carbon dioxide equivalent per tonne of nickel in 2020; and Copper Bluffs, Ontario, (Copper Cliff) nickel refinery produced nickel beads and nickel powder with a certified carbon footprint of 7.3 tons of carbon dioxide equivalent.

These carbon footprints include Scope 1 and Scope 2 emissions from production links such as mining, grinding and refining, as well as Scope 3 emissions from upstream raw material production.

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