Stellantis backs WA nickel development

Dutch automaker Stellantis has agreed to make a cornerstone investment in Alliance Nickel and buy some 40% of the nickel and cobalt sulphate expected to be produced from the NiWest laterite development in Western Australia for the first five years.

NiWest has been substantially derisked

01 May 2023
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Alliance (previously GME Resources) and Stellantis entered into a non-binding agreement last October, and have now finalised terms for a A$15 million placement giving the European firm 11.

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