Alliance Nickel Executes Binding Offtake Agreement and Cornerstone Equity Investment with Stellantis N.V.
Alliance Nickel Ltd has entered into a Binding Offtake Agreement and Share Subscription Agreement with Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) relating to future offtake from the NiWest Nickel Cobalt Project in Western Australia (NiWest).
The Binding Agreements with Stellantis, one of the world’s leading and most forward-thinking vehicle manufacturers, are transformative for the future of Alliance. It validates our development strategy for the NiWest Nickel-Cobalt Project and opens critical new funding options by securing a premier Tier 1 cornerstone customer and investor.
Find out more here: ASX Announcement - Stellantis Binding Agreements
VinES Energy Solutions, a member of Vingroup, specializes in the R&D and the manufacturing of advanced batteries for mobility and energy storage applications. Learn more at https://vines.net.vn/ Established in 1993, Vingroup is one of the leading private conglomerates in the region, and currently focuses on three main areas: Technology and Industry, Services, and Social Enterprise. Find out more at https://www.vingroup.net/en
Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) is one of the world’s leading automakers and a mobility provider. Its storied and iconic brands embody the passion of their visionary founders and today’s customers in their innovative products and services, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Powered by our diversity, we lead the way the world moves – aspiring to become the greatest sustainable mobility tech company, not the biggest, while creating added value for all stakeholders as well as the communities in which it operates. Find out more at www.stellantis.com