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U.S. Considers Dropping Sanctions Against Israeli Billionaire in Push for EV
Metals

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U.S. Considers Dropping Sanctions Against Israeli Billionaire in Push for EV
Metals

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https://www.wsj.com/business/u-s-considers-dropping-sanctions-against-israeli-billionaire-in-push-for-ev-metals-64dc3b19

 1. WSJ News Exclusive
    
    --------------------------------------------------------------------------------

 2. Business


U.S. CONSIDERS DROPPING SANCTIONS AGAINST ISRAELI BILLIONAIRE IN PUSH FOR EV
METALS


PLAN WOULD LET DAN GERTLER PARTICIPATE IN MINING DEALS WITH SAUDI ARABIA;
AMERICAN COMPANIES WOULD GET SOME OF THE METALS

By

Summer Said,

Julie Steinberg


and

Stephen Kalin


Oct. 11, 2023 5:30 am ET

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Nickel is an essential component of electric-vehicle batteries, and Indonesia is
by far the world’s largest producer. A rare visit to one of its biggest nickel
plants reveals the heavy environmental cost of mining and processing the metal.
Photo: Ulet Ifansasti

As part of its quest to gain access to minerals critical to the energy
transition, the U.S. has recently considered a plan to drop sanctions against an
Israeli mining magnate accused of corruption, according to people familiar with
the matter.

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