Stellantis (STLA) Signs Offtake Agreement and Invests in Alliance Nickel

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Stellantis Signs Offtake Agreement and Invests in Alliance Nickel for Battery Grade Nickel and Cobalt Sulphate

April 28, 2023 2:31 AM EDT

Stellantis Signs Offtake Agreement and Invests in Alliance Nickel for Battery Grade Nickel and Cobalt Sulphate

Binding offtake agreement of battery-grade nickel and cobalt sulphate from the NiWest project in Western AustraliaOfftake agreement for approximately 40% of forecast annual production for an initial term of five yearsStellantis purchases 9.2 million (AUD 15 million) in new equity in Alliance... More