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Stellantis Ends Alliance Nickel Deal but Eyes New Terms Amid Market Pressures

9:52am on Friday 7th of November, 2025 AEDT Mining
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Stellantis Ends Alliance Nickel Deal but Eyes New Terms Amid Market Pressures

9:52am on Friday 7th of November, 2025 AEDT
Key Points
  • Stellantis terminates binding offtake agreement effective December 3, 2025
  • Termination due to missed contractual milestones amid nickel market and financing challenges
  • Stellantis remains interested in Alliance’s NiWest Nickel-Cobalt Project
  • Alliance exploring strategic alternatives including potential Nasdaq SPAC listing
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