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    Stellantis secures 5-year Nickel Sulphate supply deal for EV Batteries

    Jan. 18, 2023
    The agreement with Finland's Terrafame follows another Stellantis deal with Element 25 to supply manganese sulfate monohydrate from its Butcherbird mining project in Australia. Both are components for EV batteries
    Image credit Stellantis
    Steellantis 63c8690768d06

    Automaker Stellantis inked a supply deal with Finland’s Terrafame for nickel sulphate to be used in electric vehicle batteries.

    The five-year supply agreement follows another Stellantis deal recently with Element 25 to supply manganese sulfate monohydrate from its Butcherbird mining project in Australia. Both are components for EV batteries.

    Stellantis has released a Dare Forward 2030 strategic plan to go 100 percent passenger EV in Europe and 50 percent in the U.S. by that year.

    Terrafame operates one of the world’s largest battery chemical plants in Finland. Stellantis says the carbon footprint of nickel sulphate produced by Terrafame will be among the lowest for EV battery component manufacturing in the world.

    “This agreement is part of the key raw material sourcing to fit with our electrified vehicle battery pack needs,” Stellantis CEO Carlos Tavares said in a statement. “We continue to build a new global value chain with Class A partners to support our global strategy and propel our commitment to be the industry champion in climate change mitigation.”

    The automaker vows to be carbon net zero by 2038.

    Headquartered in Amsterdam, Stellantis was formed in 2021 following the merger of Fiat Chrysler Automobiles with PSA Group.

    Late last year, Stellantis announced that production of its new M3 electric motors would rise to more than 1 million by the end of 2024. The company is planning produce 12 electric vehicle models in France over the coming years.

    About the Author

    EnergyTech Staff

    Rod Walton is senior editor for EnergyTech.com. He has spent 14 years covering the energy industry as a newspaper and trade journalist.

    Walton formerly was energy writer and business editor at the Tulsa World. Later, he spent six years covering the electricity power sector for Pennwell and Clarion Events. He joined Endeavor and EnergyTech in November 2021.

    He can be reached at [email protected]. 

    EnergyTech is focused on the mission critical and large-scale energy users and their sustainability and resiliency goals. These include the commercial and industrial sectors, as well as the military, universities, data centers and microgrids.

    Many large-scale energy users such as Fortune 500 companies, and mission-critical users such as military bases, universities, healthcare facilities, public safety and data centers, shifting their energy priorities to reach net-zero carbon goals within the coming decades. These include plans for renewable energy power purchase agreements, but also on-site resiliency projects such as microgrids, combined heat and power, rooftop solar, energy storage, digitalization and building efficiency upgrades.