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GM Strikes $69M Deal to Source Nickel and Cobalt for Car batteries

“GM Strikes $69M Deal to Source Nickel and Cobalt from Australia,” DBusiness Magazine, Tim Keenan Like the rest of the big three and other auto manufacturers, GM is preparing to go electric for cars and abandon oil. GM Detroit secured a new source of cost-competitive nickel and cobalt in Australia for its Ultium battery cells. This is coming after negotiating a $69 million investment with Queensland Pacific Metals of Australia. Queensland...

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