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Stellantis scraps offtake deal with Alliance Nickel but willing to renegotiate
Yahoo Finance·2025-11-08 00:20

Stellantis is terminating its binding offtake deal with Alliance Nickel for nickel and cobalt from the NiWest project in Western Australia over unfulfilled milestones. The termination will take effect on December 3. According to Alliance, the contract termination stems from certain milestone dates not being met, making the existing agreement “inoperative”. The company attributed the missed milestones chiefly to subdued nickel market conditions and the resulting difficulties in securing project financing ...