General view of Prony Resources operations which produces nickel and cobalt, east of the capital of Noumea, in New Caledonia in this 2020 handout photo released to Reuters on October 13, 2021. Radikal Pictures 2020/Handout via REUTERS
MELBOURNE (Reuters) -Prony Resources said on Wednesday Tesla Inc had agreed to purchase around 42,000 tonnes of nickel in a multi-year deal - a pact that is set to make the New Caledonian miner a key supplier of the metal to the U.S. electric car maker.
Prony, which bought the loss-making nickel operations in the French territory from Brazil's Vale SA this year, added it aims to produce 44,000 tonnes of nickel by 2024, double its expected 2021 output.
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