U.S. waives tariffs on Japanese aluminum for Tesla battery cells

Nippon Light Metal Holdings

24/06/2019 20:12

WASHINGTON, June 24 (Reuters) - The U.S. Commerce Department
has agreed to Tesla Inc's  TSLA.O  request to waive 10 percent
tariffs on imported aluminum from Japan used in the manufacture
of battery cells at Tesla's Nevada Gigafactory, government
documents show.
    The Palo Alto, California-based company made the request in
April and said the aluminum is produced by Nippon Light Metal Co
Ltd  5703.T  and was seeking a tariff exclusion for 10 million
kilograms annually.
    The Commerce Department said in a document dated June 5 and
posted in recent days that the aluminum "is not produced in the
United States in a sufficient and reasonably available amount or
of a satisfactory quality." The waiver is good for one year.
Tesla did not immediately comment.

 (Reporting by David Shepardson
Editing by Chizu Nomiyama)
 ((David.Shepardson@thomsonreuters.com; 2028988324;))