Tesla to buy more than $1 billion of Australian battery minerals a year

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Tesla to buy more than $1 billion of Australian battery minerals a year

Already sources three quarters of its lithium feedstock from Australia.

Tesla said it expects to spend more than $1 billion a year on battery raw materials from Australia given the country's reliable mining industry and responsible production practices. Robyn Denholm, chair of the US carmaker, said on Wednesday that Australia, which is rich in minerals used for ...

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