The facility would have an annual capacity of 1,000 tonnes of lithium metal.

Powered by Tesla’s own made-in-Texas batteries, the stainless steel Cybertruck carries a heavy load of nickel, cobalt, manganese, graphite and lithium.

Tsingshan Group's nickel output rose 27% in 2023 to a record 1.12 million metric tons nickel unit.

CMOC last year became the world's No. 1 cobalt mining company with production of some 55,000 tons.

Pilbara will supply Chengxin 85,000 tonnes of spodumene concentrate in 2024, followed by 150,000 tonnes in both 2025 and 2026.

The government plans to offer fresh subsidies and loans for a New Caledonia nickel plant co-owned by Glencore.

Once complete, Santa Cruz will be the first new graphite mine in the Americas since 1996.

China's net imports of refined nickel fell to a near-decade low in 2023.