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u/ExtraEgg
REDDIT_SCRAPED
Author argues that Vale (VALE), the world's largest nickel producer, is likely partnering with Tesla (TSLA) to supply the massive quantities of nickel needed for battery production. Key supporting evidence includes Vale's recent $5B debt payoff, 37% increase in trading volume, extra dividend announcement, existing business relationship with Tesla, and Elon Musk's public plea for increased nickel mining.