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Ford’s Nickel Deal With Huayou Cobalt Exposes the Limits of U.S. Influence to Counter China


The Ford Motor Company is moving forward with a massive $3.8 billion three-way nickel deal with Brazilian miner Vale and Chinese mining giant Zhejiang Huayou Cobalt.

Nickel is one of the key metals used to manufacture electric vehicle batteries, that companies like Ford are keen to develop reliable supply chains to feed the growing demand for electrified mobility.

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