E-commerce: Facebook launches the Business Suite application for SMEs

Technology: Facebook is continuing its strategy of developing e-commerce on its platforms, by designing new tools for businesses. Facebook is launching a new application for small businesses, allowing you to manage professional pages or profiles on both Facebook and Instagram.  Facebook Business Suite The tool is called "Facebook Business Suite". The platform explains that this app allows businesses to post to Facebook and Instagram at the same time, and manage and receive messages, notifications and alerts in one place. The interface will also measure engagement, visualizing the tool's metrics through an information tab on Facebook and Instagram.

"We first designed Facebook Business Suite for small businesses, but it's a long-term investment, and we hope to make it the primary interface for businesses of all sizes that use Facebook, Messenger, Instagram and WhatsApp," Facebook CEO Sheryl Sandberg said in a blog post yesterday. “Th…

Tesla wants more nickel for electric vehicle batteries

This is an unprecedented appeal to mining companies. Elon Musk, the CEO of American automaker Tesla, asks them to produce more nickel for the batteries of its electric vehicles.

Tesla wants more nickel for electric vehicle batteries

The appeal could not be more surprising. It's rare for an end consumer of metals to announce color in this way, but that's what Elon Musk did, when presenting Tesla's results. "All mining groups, please mine more nickel, OK," said the CEO of the US electric vehicle maker. "Wherever you are in the world, please produce more nickel and don't wait for it to return to the high prices you experienced five years ago. Aim for efficient, obviously environmentally friendly, high volume nickel extraction. Tesla will give you a giant contract over a long period if you produce efficiently and with respect for the environment. "

Nickel still essential for light batteries

For once, cobalt is not at the center of Tesla's concerns. A month after signing a contract with Glencore to source Congolese cobalt, Tesla is worried about its nickel supply. Although there are alternatives, nickel is still essential if the vehicle's battery is to remain small and light and its charge to last a long time. Especially for commercial vehicles to which Tesla wants to diversify its range.

But stainless steel seals nickel batteries

But the automaker may find it difficult to source this quality of nickel. Since the start of the Covid-19 epidemic, global nickel prices have plunged and are still lagging behind other metals. This does not really encourage the development of new nickel specific capacities for batteries because the rest of the nickel market is depressed. And this is the preponderant part: stainless steel, 90% of the use of nickel on the planet. The pandemic has caused demand for cutlery in the restaurant industry to collapse. It has plunged the consumption of stainless steel in aeronautics or for oil pipelines. From a nickel deficit last year, the market has now grown into surpluses that it could drag for years in a row.

New units threatened in Indonesia

But it's not the much purer nickel that Tesla covets for its batteries. The agreement signed by the American manufacturer with Vale for Caledonian nickel of this quality may well be insufficient. However, with the slump in the world nickel market, the new units which were to be assembled in Indonesia are now compromised.