ENERGY TRANSITION: BHP to supply nickel sulfate to Toyota-Panasonic battery JV

BHP will supply nickel sulfate to a battery making joint venture between Toyota Motor Corp and Panasonic Corp in a move designed to lower carbon emissions in the Japanese battery supply chain.

The company said its Nickel West plant in Western Australia will supply the nickel sulfate to Prime Planet Energy & Solutions (PPES), one of Japan’s leading lithium-ion battery producers. The batteries will then be supplied to electric vehicle (EV) manufacturers, including Toyota. The agreement is part of a memorandum of understanding signed between the miner, PPES and Toyota Tsusho Corp (TTC), a trading arm of Toyota group. Demand for nickel in batteries is estimated to grow by more than 500% over the...

Published

Andrea Hotter

October 05, 2021

14:22 GMT

New York