Tesla Inc. (NASDAQ: TSLA) battery supplier LG Energy Solution said it has entered into a six-year deal with an Australian mining company for the stable supply of key battery materials - cobalt and nickel.
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As COVID-19 swept the globe last year, supply chains across every industry were upended. Because many of the issues were the result of ongoing inefficiencies in global supply chain networks, the pandemic-era adaptations that were made to fix them are likely here to stay.